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GM Notice

CA Sapna Ghelani (Chartered Accountant) (7550 Points)

14 April 2021

Can a notice of general meeting be shorter than 21 days?

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3 Replies

CMA Poornima Madhava (CMA) (13097 Points)
Replied 14 April 2021

See if this helps: https://www.caclubindia.com/articles/how-short-shorter-notice-general-meeting-44469.asp

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 14 April 2021

Yes if any urgent transactions are required then a company may call meeting by 7 days notice to its members

CS Kajal Patel (Company Secretary) (12 Points)
Replied 18 April 2021

Yes Ma'am.

Provided that a general meeting may be called after giving shorter notice than that specified in this sub-section if consent, in writing or by electronic mode, is accorded thereto—

(i) in the case of an annual general meeting, by not less than ninty-five per cent. of the members entitled to vote thereat; and

(ii) in the case of any other general meeting, by members of the company—

(a) holding, if the company has a share capital, majority in number of members entitled to vote and who represent not less than ninety-five per cent. of such part of the paid-up share capital of the company as gives a right to vote at the meeting; or

(b) having, if the company has no share capital, not less than ninty-five per cent. of the total voting power exercisable at that meeting:

Provided further that where any member of a company is entitled to vote only on some resolution or resolutions to be moved at a meeting and not on the others, those members shall be taken into account for the purposes of this sub section in respect of the former resolution or resolutions and not in respect of the latter.