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Question
Answer in brief
State the objectives of Annual General Meeting.
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Solution
- To approve annual accounts, Directors’ report and auditors’ report
- To declare dividend
- To elect Directors In place of retiring Directors and to appoint auditors and fix their remuneration
- To provide an opportunity to the shareholders (members) to discuss and review the progress and performance of the company.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Writing the minutes of the meeting is the duty of the ________.
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 shareholders which is held under special circumstances.
State whether the following statement is True or False.
Only special business is transacted at Annual General Meeting.
State whether the following statement is True or False.
Annual Report is prepared by members.
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.
Extraordinary General Meeting is called for special and urgent purpose.
State whether the following statement is True or False.
Director cannot appoint proxy to attend and vote at Board Meeting.
Find the odd one.
Complete the sentence
The meeting which is held once in every financial year is called is _______
Complete the sentence
The meeting held to discuss and decide any special or urgent matters is called as _________
Complete the sentence:
The Authority to convene the Annual General Meeting is with the __________
Answer in one sentence
When can an Adjourned Annual General meeting be held?
Answer in brief
What is the purpose of conducting Extra ordinary General meeting?
Justify the following statement.
Annual General Meeting is adjourned in absence of quorum.
