Can EGM be held on same day of notice
if more than 95% consent of shareholder is acquired
4 Replies
Yash soni
(...)
(74 Points)
Replied 31 August 2019
EGM can be held on a short notice & not on same day of notice, if consent of 95% of members entitled to attend & vote at such meeting has been obtained.
Jatin Bajaj
(CS)
(2930 Points)
Replied 31 August 2019
Subject to the provisions of section 101 of the Companies Act 2013, an EGM can be held on same day if the consent is obtained by 95 percent of the members holding the paid up share capital of the Company and also the members who are entitled to vote . i.e in number .
Chirag
(Professional)
(1979 Points)
Replied 31 August 2019
EGM can be called at shorter Notice, If 95%
ronak
( CS)
(40 Points)
Replied 03 September 2019
Suppose notice was given on 3rd sep, 2019 to convene EGM on 3rd sep itself and before convening EGM, 95% or more consent was obtained. Then it's Ok
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