not getting the appropriate difference
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Difference between section 97&98
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under sec. 97 tribunal call AGM if any company made default in holding of AGM.
under sec. 98 tribunal call meeting other than AGM on it's own desire or on receiving of an application by a director or member who would have voting rights in the meeting.
under sec. 98 tribunal call meeting other than AGM on it's own desire or on receiving of an application by a director or member who would have voting rights in the meeting.
As per sec.97, if any co. fails to conduct AGM in a year, then the NCLT can hold/ give order to company to AGM.
As per sec.98 if any member/ shareholder/ shareholders holding 10% or more share capital can apply co. to conduct EGM, But if it fails EGM is conducted by NCLT.
As per sec.98 if any member/ shareholder/ shareholders holding 10% or more share capital can apply co. to conduct EGM, But if it fails EGM is conducted by NCLT.
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