Question

At the AGM at which a director retires, the company may fill up the vacancy by appointing the retiring director or some other person thereto. If the vacancy of the retiring director is not so filled-up and the meeting has not expressly resolved not to fill the vacancy, the meeting shall stand adjourned till the ________, at the same time and place, or if that day is a national holiday, till the ________ which is not a holiday, at the same time and place.

• A. same date in the next month; next succeeding day.
• B. same day in the next week; next succeeding day.
• C. same date in the next two months; next succeeding day.
• D. same day in the next week; next two succeeding days.

Answer 1

Answer: (B)

same day in the next week; next succeeding day.

At the AGM at which a director retires, the company may fill up the vacancy by appointing the retiring director or some other person thereto. If the vacancy of the retiring director is not so filled-up and the meeting has not expressly resolved not to fill the vacancy, the meeting shall stand adjourned till the same day in the next week, at the same time and place, or if that day is a national holiday, till the next succeeding day which is not a holiday, at the same time and place.