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Annual General Meeting is a statutory requirement. Every company other than One Person company is required to conduct Annual General Meeting (AGM) once in a year.
The following are the business which is usually transacted at Annual General Meeting
The above 4 business are ordinary business transacted at AGM. Rest all are considered to be special business.
Date and Time: An Annual general meeting should be held during business hours i.e., between 9AM to 6PM on any day that is not a National holiday.
Place: An Annual general meeting should be held either at the registered office of the company or at some other place within the city, town or village in the registered office is situated
Quorum means the minimum number of directors whose presence is necessary for holding of a meeting.
Private Limited Company: The quorum required is two members.
Public Company: The quorum for public companies is as follows.
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