Question

The general meeting held only once in the life of the company is the statutory meeting.

• A. True
• B. False

Answer 1

The correct option is A True

true, statutory meeting is the first meeting of the shareholders of a company. It must be held within a period of less than one month not more than six months from the date at which the company is entitled to the commencement of business . it is only held once in a lifetime of a company.