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प्रश्न
Answer in brief
What are Class Meetings?
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उत्तर
Meaning: The rights attached to the shares of any class may be varied or altered any time by the company. A consent of the holders in writing is necessary for such alteration. A meeting which is held to obtain such consent from a particular class of shareholders is called ‘Class Meeting’.
Legal Provisions: Section 48 of the Companies Act, 2013, provides for the holding of meetings of a particular class ofshareholders, if necessary. It is held whenever a company desires to make changes in the rights and duties of a particular class of shareholders. Article of Association may provide for arranging such meeting.
Purpose : The purpose of class meeting are to discuss the matters Which are affecting the rights and duties of particular class of shareholders and to get their approval for the changes desired to be carried out.
Convene: If a company wants to change the rate of dividend on preference shares, the company has to convene a meeting of preference shareholders to get their approval. Similarly, if the preference shareholders are not paid dividend for more than two years, they can summon a meeting of all the preference shareholders.
Frequency: The class meeting is held or arranged very rarely and not regularly.
Resolution: Usually special resolutions are passed in this meeting.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
An extra ordinary general meeting is held ____________.
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.
Write a word or a term or a phrase which can substitute each of the following statement.
A Report which is prepared before Annual General Meeting.
Write a word or a term or a phrase which can substitute each of the following statement.
A meeting of the preference shareholders of a company.
State whether the following statement is True or False.
21 clear days notice should be given in case of Board Meeting.
State whether the following statement is True or False.
Class Meeting is the meeting of particular class of shareholders.
State whether the following statement is True or False.
Director cannot appoint proxy to attend and vote at Board Meeting.
State whether the following statement is True or False.
Secretary has to arrange to take down the notes of the proceedings of the meeting.
Complete the sentence:
The Authority to convene the Annual General Meeting is with the __________
Select the correct option form the bracket
|
Group A |
Group B |
|
Interval between two annual meeting |
______ |
Answer in one sentence
When should the first Annual General Meeting be held?
Answer in one sentence
What should be the interval between two Annual General Meetings?
Correct the underlined word and rewrite the following sentence.
Extraordinary Meeting must be held every year.
Justify the following statement.
Annual General Meeting is adjourned in absence of quorum.
Justify the following statement.
A notice of meeting must be sent to all members in case of a 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.
