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Question

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

A
True
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B
False
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Solution

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.

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