_____________ is a meeting which is held once in the life time of company.
A
Extra-Ordinary General meeting
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B
Annual General meeting
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C
Statutory meeting
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D
None of these
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Solution
The correct option is C Statutory meeting A statutory meeting is the first meeting of the shareholders of a public limited company which is held only once in the life-time of the company. The meeting is held to provide an opportunity to the members for discussing all matters relating to the formation of the company