Question

Is it required that Public Ltd. Co. should hold the statutory meeting just after getting certificate of commencement.

• A. No, can hold after 6 months.
• B. Yes
• C. No, can hold within 6 months
• D. No

Answer 1

The correct option is C No, can hold within 6 months

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. All the companies, those are required to hold Statutory Meeting shall hold its Statutory Meeting within a period of not less than 1 month nor more than 6 months from the date at which the company is entitled to commence business.