Business in Annual General Meeting
This query is : Resolved
11 August 2010
Hi all
One of the company have passed a resolution in the Annual General Meeting which was not included neither in the Notice of the Meeting nor a shorter notice was given for the same.
Is it a valid business ? if not how can we rectify it or make good
One of the company have passed a resolution in the Annual General Meeting which was not included neither in the Notice of the Meeting nor a shorter notice was given for the same.
Is it a valid business ? if not how can we rectify it or make good
Ankur Garg
(Expert)
11 August 2010
Totally invalid business as it was not included in the AGM notice.
Even discussion is legally not possible.
Thanks
Even discussion is legally not possible.
Thanks
11 August 2010
sir just a clarification... cant it be included under clause"any other business with the permission of chairman"
12 August 2010
Hi Srinath
"any other business with the permission of chair" can mentioned in the Notice of Board Meeting only and not in the case of general meeting where shareholders need to be informed beforehand.
"any other business with the permission of chair" can mentioned in the Notice of Board Meeting only and not in the case of general meeting where shareholders need to be informed beforehand.
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