Question

How many days before, the notice of statutory meeting is to be circulated __________.

• A. 21 days
• B. 7 days
• C. 23 days
• D. None of these

Answer 1

The correct option is D None of these

Statutory meetings are those which are prescribed by any statute. As per old Companies Act, 1956; holding a statutory meeting was mandatory in nature but with the amendment and coming of a new act in 2013, the concept of statutory meeting was dropped.