Question

Write a notes on Extra Ordinary General Meeting.

Answer 1

Every general meeting i.e meeting of members of the company and the annual general meeting or any adjournment thereof , is an extraordinary general meeting.

Such a meeting is held by the board of directors for some urgent business which cannot wait to be decided till the next annual general meeting .

Every business transacted at such a meeting is a special business .

An explanatory statement of the special business must also be held accompany a notice the notice calling the meeting.

The notice should give the nature and the extend of the shareholders interest in the company of every such person.

In case approval of any document has to be done by the members at the meeting.