Can we approve the annual accounts and regularising appointment of additional directors in in EGM Meeting?
4 Replies
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 26 August 2010
Hi,
As per section 210 it is mandatory to lay down Annual Accounts in the Annual General Meeting for adoption by shareholders. So an EGM can’t approve Annual Accounts.
However regularization of Additional Director in EGM is very much possible.
Best Regards
HARDIK
(COMPANY SECRETARY NCFM (Corporate Governance ))
(664 Points)
Replied 26 August 2010
Hi
both transaction relate to AGM so ne need to call EGM.
Ajay Mishra
(Company Secretary)
(74337 Points)
Replied 26 August 2010
Dear Friend
Approval of Annual Account is Agenda item of AGM. However you can regularize the additional director before AGM at any other General Meeting.
Regards
CS Ajay Mishra
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 27 August 2010
Agree with the learned members...
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