(1) The following persons are shareholders in a company, namely—
(a) a person who is a member of the company under section 379(3);
(b) the personal representative of a deceased shareholder and the trustee in bankruptcy of a bankrupt shareholder;
(c) a person in whose favour a transfer of shares has been executed but whose name has not been entered in the register of members of the company or, if 2 or more such transfers have been executed, the person in whose favour the most recent transfer has been made.
(2) In this Act any reference to holders of shares is a reference to persons who are shareholders in respect of the shares and any reference to holding shares shall be construed accordingly.
(3) For the purposes of this Act shares shall be considered as having been issued if any person is a shareholder in respect of them.
(4) Meetings of shareholders of a company shall be held at the place within Saint Lucia provided in the bye-laws, or, in the absence of any such provision, at the place within Saint Lucia that the directors determine.
(5) Despite subsection (4), a meeting of shareholders of a company may be held outside Saint Lucia if all the shareholders entitled to vote at the meeting so agree.
(6) A shareholder who attends a meeting of shareholders held outside Saint Lucia agrees to its being so held unless he or she attends the meeting for the express purpose of objecting to the transaction of any business on the grounds that the meeting is not lawfully held.