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प्रश्न
Justify the following statement.
Annual General Meeting is adjourned in absence of quorum.
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उत्तर
The quorum means the minimum number of members legally required to remain present at the beginning and during the course of the meeting. Meeting without quorum is invalid and the business it transacts becomes null and void. The Companies Act has prescribed certain minimum requirement for quorum e.g. the quorum for a general meeting of a public company is 51 the number of members of the company does not exceed 1,000 and for a private company quorum is 2 members.
The proxies cannot be counted for quorum. The Articles of Association may increase the minimum requirement but cannot decrease it. The quorum is also required during the course of the meeting The moment when attendance fan. short of the quorum, a member may raise a point of order and Chairman has to stop the proceeding, on‘ the meeting and is adjourned it. Even in the beginning of meeting if requisite quorum is in formed or constituted, the meeting will be postponed for an hour and even after that if quorum is not constituted the meeting Will not be held and it will be adjourned and will be held on me same day. Time and place in the next week.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
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Select the correct answer from the options given below and rewrite the statement.
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Write a word or a term or a phrase which can substitute each of the following statement.
A meeting of shareholders which is held between two annual general meetings.
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Class Meeting is the meeting of particular class of shareholders.
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Director cannot appoint proxy to attend and vote at Board Meeting.
Find the odd one.
Find the odd one.
Complete the sentence
The meeting held to discuss and decide any special or urgent matters is called as _________
Select the correct option form the bracket
|
Group A |
Group B |
|
Interval between two annual meeting |
______ |
Answer in one sentence
When can an Adjourned Annual General meeting be held?
Answer in one sentence
When should the first Annual General Meeting be held?
Answer in brief
List the duties of a Secretary after the Annual General Meeting.
Answer in brief
What is the purpose of conducting Extra ordinary General meeting?
Justify the following statement.
Extra ordinary general meeting is called under special circumstances.
Justify the following statement.
The Quorum for Annual General Meeting of a public company depends upon the number of shareholders.
