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Question
Section 96 of the Companies Act, 2013 provides that________, other than a______is required to hold an annual general meeting every year.
Section 96 of the Companies Act, 2013 provides that________, other than a______is required to hold an annual general meeting every year.
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Solution
The correct option is D every company; one person company
As per section 96(1) of the Act, Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it, and not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of the next.
As per section 96(1) of the Act, Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it, and not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of the next.
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