§ 28-13-5-5 — Court ordered meeting; requisites and procedure

Indiana § 28-13-5-5

• Jurisdiction: Indiana
• Art. 13: CORPORATE GOVERNANCE
• Ch. 5: Meetings of Shareholders

Text

(a) The circuit or superior court of the county
where a corporation's principal office is located may order a meeting
to be held and may fix the time and place of the meeting.
(b) A meeting ordered under this section shall be conducted in
accordance with the corporation's articles of incorporation and bylaws:
(1) on application of any shareholder of the corporation entitled
to participate in an annual meeting if an annual meeting was not
held within the earlier of six (6) months after the end of the
corporation's fiscal year or fifteen (15) months after its last annual
meeting; or
(2) on application of a shareholder who signed a demand for a
special meeting valid under section 2 of this chapter if:
(A) notice of the special meeting was not given within sixty
(60) days after the date the demand was delivered to the
corporation's secretary; or
(B) the special meeting was not held in accordance with the
notice.

Legislative History

As added by P.L.14-1992, SEC.163.