21

Companies Act 1956: Meeting

Learning Objectives

In this chapter, the students are exposed to the basic working knowledge on the various meetings conveyed by company to manage its affair on following aspects:

  • Types of meetings and its purpose.

  • Requirement for meeting and provisions for notice.

  • Statutory report and its requirement.

  • 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. The decisions are made according to the view of the majority. Various matters have to be discussed and decided upon. These discussions take place at the various meetings which take place between the members and between the directors. ...

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