Question

Which of the following type of business are ordinarily carried out at annual general meeting of a company?

X To declare dividend

Y To recommend dividend

Z To appoint the auditors

W To make calls on shares Correct option is

• A. X and Y
• B. X and Z
• C. X, Z and W
• D. X, Y, W and Z

Answer 1

Answer: (B)

X and Z

1The main purpose to hold AGM are
To submit the annual account, balance sheet, directors report and auditors report.
To declare the dividend.
To appoint auditors and fix their remuneration.
To elect directors are that liable to retire by rotation.
Special business any other business other than specified above to be transacted will be deemed special business likes
To increase share capital
To alter Article of Association.