Advertisements
Advertisements
प्रश्न
Answer in brief.
State the importance of company meetings.
Advertisements
उत्तर
- Opportunities for members to come together: Meetings provide common platform and an opportunity to the members who are scattered all over different areas to come together. Discuss the matters and working of the company and arrive at decisions.
- Minutes of the previous meeting: During the meeting Secretary has to read the notice. The agenda of the meeting and minutes of the last meeting held. After reading the minutes, he has to get them confirmed and signed by the Chairman. This enables the members to get clear ideas about the matters discussed in the previous meeting.
- Fixation and implementation of policies: Plans and programmes 2 Management determines the policies, plans and programmes in the Board Meetings. It also decides ways and means of implementation of policies, plans and programmes in the meetings of the Board and conveys them to members for their approval in the General Meetings of the company.
- Analysis of problems: Meetings are essential to discuss the nature of problems faced by the origanisation and to find solutions.
- Legal requirements: Meetings are necessary to comply with statutory (legal) requirements as per the provisions made in the Companies Act. Legal formalities in relation to convening and conducting various meetings of the company are completed by organising and conducting the meetings.
- Business : Meetings are essential to declare dividend, to appoint auditors, to elect directors, to study and give approval to annual report, auditors’ report, statements of accounts and to review the progress made by the company.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
The appointment of an auditor requires ______.
Select the correct answer from the options given below and rewrite the statement.
A ______ is the proposal put before the meeting for discussion and decision.
Select the correct answer from the options given below and rewrite the statement.
For alterations in the Articles of Associations ______ is required.
State whether the following statement is True or False.
Meetings are held only to review the progress of the company.
State whether the following statement is True or False.
Chairman has right to conduct the meeting.
Find the odd one
Find the odd one
Complete the sentence.
The advance intimation about the day, date, time, etc. of a meeting sent to the members is called as _________ .
Complete the sentence.
A proposal put before a meeting for consideration and adoption is called as _____.
Complete the sentence.
A formal and final decision taken in a meeting is called as ______.
Complete the sentence.
The written records of proceedings of a meeting is called as ______.
Select the correct option from the bracket:
|
Group A |
Group B |
|
______ |
Chairman |
Arrange in proper order:
- Drafting Minutes
- Sending notice
- Confirming quorum
Arrange in proper order:
- Motion
- Resolution
- Voting
Study the following case/situation and express your opinion
A General meeting of public limited company is to be held. State the provision of quorum for:
- Meeting of the company which has less than 1000 members
- Meeting of the company which has more than 5000 members
- Meeting of the company which has 2500 members.
Study the following case/situation and express your opinion
Mr. P is elected as Chairman of General Meeting. Please advise him on the following matters:
- What should be done if the votes cast in favour and against the motion are equal?
- How many votes can a member cast under poll method?
- What should Mr. P do if any point of order is raised by a member?
Distinguish between the following: Agenda and Minutes
Distinguish between the following: Voting by show of hands and Voting by poll.
The gap between two annual general meetings should not be more than ______ months.
Match the pairs.
|
Group A |
Group B |
||
|
a |
Board meeting |
1 |
Once in the year |
|
b |
Auditor |
2 |
Minimum 4 meeting in a year |
|
c |
Annual general meeting |
3 |
Prepare at any time |
|
d |
Extraordinary general meeting |
4 |
Auditors Reports |
|
e |
Minutes of meeting |
5 |
Prepared before the meeting |
|
|
|
6 |
Prepared after the meeting |
|
|
|
7 |
Under special circumstances |
|
|
|
8 |
Prepared during the meeting |
|
|
|
9 |
Once in Six months |
|
|
|
10 |
Meeting of creditors |
Explain the following term/concept: Committee Meeting
Explain the following term/concept: Virtual Meeting
Study the following case/situation and express your opinion.
Platinum Limited Company was incorporated on 1st Jan.2018. Advice the Board of Directors on the following matters.
- Within what period should the company hold its 1st Annual General Meeting?
- At which place should the Annual General Meeting be held.
- How many days in advance should the notice and agenda be sent to members?
Study the following case/situation and express your opinion.
XYZ Ltd held its Annual General Meeting on 11th May 2018. On 1st June Mr. X, a Director of the company was arrested for a financial scam. Hence the shareholders of the company want to remove him.
- Can the company call for the next Annual General Meeting to be held immediately to remove the Director?
- Which meeting of members should the company hold to discuss removal of the Director?
- What type of resolution will be passed in this meeting for removal of the Director?
Distinguish between the following
Shareholders’ Meeting and Board Meeting
Distinguish between the following
Annual General Meeting and Extra ordinary General Meeting.
What is meant by Meeting?
Briefly state different types of company meetings.
