Question

If the board does not within ______from the date of receipt of a valid requisition in regard to any matter, proceed to call a extraordinary general meeting for the consideration of that matter on a day not later than______from the date of receipt of such requisition, the meeting may be called and held by the requisitionists themselves.

• A. 21 days; 30 days
• B. 30 days; 45 days
• C. 21 days; 45 days
• D. 45 days; 60 days

Answer 1

The correct option is C 21 days; 45 days

As per section 100(4), If the Board does not, within twenty-one days from the date of receipt of a valid requisition in regard to any matter, proceed to call a meeting for the consideration of that matter on a day not later than forty-five days from the date of receipt of such requisition, the meeting may be called and held by the requisitioner themselves within a period of three months from the date of the requisition.