Absense of chairman of audit committee in agm

Meetings 1163 views 2 replies

This question is slightly odd, so please bear with me.

 

As per Clause 49(II)(A)(iv) of the Listing Agreements, the Chairman of the Audit Committee of a Listed Company must be present in the Company's AGM to answer shareholders' query. However, as on the date of AGM, the Chairman becomes very sick, thus rendering him completely incapable to participate in the AGM.

 

What could be done in such a case?

Replies (2)

Dear Arunabha,

In the above case, AGM can not be held and will have to adjourn the meeting for next suitable day.

 

Regards,

Aditya

Dear Arunabha,

In the above case, AGM can not be held and will have to adjourn the meeting for next suitable day.

 

Regards,

Aditya


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register