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TMI BlogMANAGEMENT AND CONTROL OF COMPANIES –V – MEETINGSX X X X Extracts X X X X X X X X Extracts X X X X ..... ing section 171 Annual General Meeting - Section 166 Every company shall in each year hold in addition to any other meetings a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it; and not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of the next. A company may hold its first annual general meeting within a period of not more than eighteen months from the date of its incorporation Business transacted at AGM Section 173 (a) All business to be transacted at the meeting shall be deemed special, with the exemption of business relating to (i) the consideration of the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ried with the consent in writing of the holders of not less than three-fourths of the issued shares of that class or with the sanction of a special resolution passed at a separate meeting of the holders of the issued shares of that class. 2. Board Meetings of Board Of Directors Refer to Chapter 13 for Powers to be exercised only at Board Meetings and Other Powers to be exercised at Board Meeting Notice of Board Meeting Section 286 - Notice of every meeting of the Board of directors of a company shall be given in writing to every director for the time being in India, and at his usual address in India to every other director. Every officer of the company whose duty it is to give notice as aforesaid and who fails to do so ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... curity or to alter their rights in certain circumstances. 5.Meeting for Creditors for winding up 6.Meeting for Creditors other than winding up 7.Meeting of Contributories in Winding up Voting and Demand for Poll Section 176(1)(c) Any member of a company entitled to attend and vote at a meeting of the company shall be entitled to appoint another person (whether a member or not) as his proxy to attend and vote instead of himself; but a proxy so appointed shall not have any right to speak at the meeting. RESOLUTIONS Section 189 Decisions of a company are made by resolution passed by prescribed majority of members present in meeting Two types of resolution are :- Ordinary - A resolution shall be an ordina ..... X X X X Extracts X X X X X X X X Extracts X X X X
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