29 August 2011
Hi, AGM must call by 21 days clear notice prior to date of conducting the AGM,however company can call by shoter notice if all the members who are entitle to voting in the meeting are agrred (i.e.,100% favour).
In the above question:-1)When the approval of the share holders is taken for such shorter notice?(i.e either before AGM or in the AGM itself?) 2)If share holder dis agrees what are the relevant consequences?
29 August 2011
The answer of first answer is in your question only when meeting is to to be called on shorter notice to take important decision than approval of share holder is required.
And if shareholder disagree than AGM can be only hold after 21 day from the date of issue of first notice.
30 August 2011
In the AGM the % of vote is to be decided on the basis of members present in the meeting and if 90% members agrees the resolution can be passed
30 August 2011
Hi, AGM must call by 21 days clear notice prior to date of conducting the AGM,however company can call by shoter notice if all the members who are entitle to voting in the meeting are agrred (i.e.,100% favour).
In the above question:-1)When the approval of the share holders is taken for such shorter notice?(i.e either before AGM or in the AGM itself?) 2)If share holder dis agrees what are the relevant consequences?
CAclubindia
