Egm
This query is : Resolved
14 September 2014
plz explain me the critaria for calling EGM.. and how many minimun days is required to call EGM
14 September 2014
EGM means a General meeting other than AGM
Following are the cases where One can Call EGM
1. Board of directors on their own motion
2. BOD on the request of members
3. By Tribunal/CLB
For Passing Special Resolutions, The company needs to take the approval of Shareholders is required and EGM be called by the Board of Directors
Step 1: Convened a board meeting
2: Discuss the matters and Authorise One Director to issue the notice of General Meeting to every shareholders at their respective addresses.
3. The Gap Between the meeting and the Notice atleast for a period of 21 days and not more than 45 days otherwise a fresh requisition be filed on the expiry of 45 days
4. for requisition by a member, atleast 1/10th no. of member or 10% voting power must possessed by a member or members.
5. requisition must be in writing
6. It shall be held on Business hours and can be held on National Holiday (With the power of Articles)
7. The matter shall enclosed a Explanatory Statement as per Section 102 of the Companies Act, 2013
Following are the cases where One can Call EGM
1. Board of directors on their own motion
2. BOD on the request of members
3. By Tribunal/CLB
For Passing Special Resolutions, The company needs to take the approval of Shareholders is required and EGM be called by the Board of Directors
Step 1: Convened a board meeting
2: Discuss the matters and Authorise One Director to issue the notice of General Meeting to every shareholders at their respective addresses.
3. The Gap Between the meeting and the Notice atleast for a period of 21 days and not more than 45 days otherwise a fresh requisition be filed on the expiry of 45 days
4. for requisition by a member, atleast 1/10th no. of member or 10% voting power must possessed by a member or members.
5. requisition must be in writing
6. It shall be held on Business hours and can be held on National Holiday (With the power of Articles)
7. The matter shall enclosed a Explanatory Statement as per Section 102 of the Companies Act, 2013
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
