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PostPosted: Wed 13:46, 24 Jul 2013    Post subject: What is called as Annual General Meeting in a company?

An associate degreenual General Meeting (AGM) could be a meeting of the members/shareholders each|that each} company is compulsorily needed to carry every yr. associate degree AGM is command per annum to hold out sure annual appointments etc. and to tell the members of the previous and future activities of the corporate. It provides the shareholders and partners with a chance to receive copies of the company\'s accounts additionally as reviewing commercial enterprise info for the past year and permits them to understand the directions the business can absorb the longer term.

When is associate degree Annual General Meeting held?

An AGM should be command by each variety of company once a year and there shall not be a spot of over fifteen months between 2 AGMs. However, the primary AGM of an organization is also command at any time inside eighteen months from the date of its incorporation.

The AGM should be stayed a operating day throughout business hours. If any day is said by the central government to be a public vacation once the difficulty of the notice convention such meeting, such every day are going to be treated as a operating day. Read More....

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