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What is a statutory meeting?

RADHA RAJAGOPALAN (15 Points)

05 April 2019

What is statutory meeting? What is the difference between first AGM and statutory meeting?

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sweta trivedi (article assistant) (18 Points)
Replied 05 April 2019

statutory meeting is to be held within one month of the incorporation of the company and first agm is to be held within 9 months of the closure of the first financial year

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RADHA RAJAGOPALAN (15 Points)
Replied 05 April 2019

thank you

Priya Kashyap (Student) (7053 Points)
Replied 05 April 2019

dear Radha ,
Statutory Meeting is the First meeting of Companies shareholders . its objective is to inform the shareholders about the affairs of the company . its held ones in whole life of the company . Annual general meeting is the open meeting of the shareholders in which various report are submitted by the directors . Here the shareholders can suggest various options to solve the problems of the company.The intervel between two AGM should not be more than 15 months.

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