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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.
The business transacted in extra ordinary general meeting is _________ business.
Select the correct answer from the options given below and rewrite the statement.
An extra ordinary general meeting is held ____________.
Select the correct answer from the options given below and rewrite the statement.
The Secretary has to draft the minutes of the meeting within __________ days of the meeting.
Write a word or a term or a phrase which can substitute each of the following statement.
A meeting of shareholders which is held once in a year
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.
A member has a right to attend Board Meeting.
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.
Find the odd one.
Complete the sentence
The meeting held to discuss and decide any special or urgent matters is called as _________
Answer in one sentence
When can an Adjourned Annual General meeting be held?
Answer in brief
What are Class Meetings?
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.
