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03 August 2013 explain EGM U/S169

03 August 2013 An Extraordinary General Meeting (EGM) is a meeting of the shareholders of a company which is not an AGM. When certain urgent issue arises in relation to the working of the company which requires the input of the members and is too serious or urgent to wait until the next AGM, an EGM is held. Members and/or shareholders must be informed of the purpose of the EGM so that they can prepare themselves to discuss and exercise intelligent judgment over the matters under consideration.


For details go through the material from below link--

http://www.icai.org/resource_file/19706ipcc_blec_law_vol1_chapter6d.pdf


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