How many Extra Ordinary General Meetings should be
conducted for a financial year
Answers were Sorted based on User's Feedback
Answer / malaypota
There is no provision in the Companies Act that how many
EGM be convened in a Financial year.So as and when
requirement is arised for members's consent for
transacting business, and if, it is not possible to have
members's consent by way of postal ballot process under
saction 192A of the Companies Act to transact the business
and it is also not possible to wait up to the next AGM in
such case there may be any numbers of EGM may be called by
a company keeping in view other requirement of the
Companies Act like length of notice for EGM shotrt Notice
for EGM etc.This is my view
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / mahendra rajput
It is not provided in the Law that how many times the EGM
would be done, it is to be held as and when required in a year.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shiv
There is no provision in companies act to hold the EGM in a year its depends upon the requirements arise in the normal course of company business. there may be a meeting or may not be any one in an year.
Is This Answer Correct ? | 0 Yes | 0 No |
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