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Question
The gap between two annual general meetings should not be more than ______ months.
Options
15
18
24
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Solution
The gap between two annual general meetings should not be more than 15 months.
Explanation:
The Annual General Meeting is a meeting of equity shareholders held once every financial year. The first Annual General Meeting shall be held within nine months of the closing of the company's first financial year.
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XYZ Ltd co. sent notice of its Annual General meeting to its members. In the meeting a resolution is to be passed on altering the Articles of Association.
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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?
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