The second item of ordinary business in a Notice of AGM is declaration of dividend. The first item is adoption of accounts.
Once the accounts are adopted, it is over. Wherease, the dividend amount and DDT are contained in that accounts. If the shareholders prefer to reduce the dividend, then the approved accounts may have to undergo a change. Then, what is the sanctity of the approval of accounts as the first item of the agenda.
Would it not be better, if it is given as the first item in the agenda in the Notice of Meeting?
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