21

Companies Act, 2013: Meeting and Power of Board

Learning Objectives

After reading this chapter, you will be able to understand:

  • Types of meetings and its purpose
  • Requirement for meeting and provisions for notice
  • Extra-ordinary general meeting by shareholders
  • Proxy and quorum
  • Adjournment of meeting
  • Chairman and his power
  • Minute of meeting

A company is an association of several persons. Decisions are made in a company according to the view of the majority. Various matters are discussed and decided upon in meetings, which take place between members and between the directors. The Companies Act, 2013, contains several provisions for such meetings. These provisions have to be understood and followed.

For a meeting, there must be at least ...

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