Question

State the following statements is True or False:

The business transacted in an Extra Ordinary General Meeting is always special business.

• A. True
• B. False

Answer 1

The correct option is A True

The statement is True, the business transacted in Extraordinary General Meeting (EGM) is Special Business because an EGM is basically convened for transacting Special or Urgent business that may arise during the course of business. All businesses transacted at an ExtraOrdinary General Meeting are called Special Business or in other words, Special Business also means business other than the Ordinary Business to be transacted at a General Meeting.

Thus the correct answer is A.