Freeholders Meeting

Suetheramble | 13:57 Tue 22nd Nov 2016 | Law

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The freeholders in the flats were I live have not held a meeting for years and requests to hold one have been ignored.
I believe if a certain percent of the shareholders(of the freehold) request a meeting the meeting must be granted.
Does anyone know the percent?

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Buenchico

Resident management companies, consisting of freeholders ("the directors") and leaseholders ("the members") are bound by the provisions of the Companies Act 2006. Therefore the answer to your question is 5% :
http://www.legislation.gov.uk/ukpga/2006/46/part/13/chapter/3/crossheading/calling-meetings

Suetheramble

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Thank you Buenchico

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