Question

Write a note on Annual General Meeting.

Answer 1

Annual general meeting is a meeting which must be held by every type of company , public or private, limited by shares or by guarantee with or without share capital or unlimited company once a year.

Not more than 15 months must elapse between two annual general meetings . However , a company 18 months from the date of its incorporation .

In case , it need not hold any annual general meeting in the year of its incorporation as well as in he following year only.