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EGM section 100

Others 267 views 8 replies
can an egm be held on national holiday
Replies (8)

NO, NOT AT ALL 

so now tell me if a company conducts it's egm on 8th August...and due to want of quorom it gets postponed for a week....date will now fall as 15th August...so now what to do?? quote relevant rule section caselaw as the case may be...

next working day 

any section specific or general not
s
norms**

Sub-section (2) of Section 96 of the Act requires the Annual General Meetings to be held during business hours on a day that is not a National Holiday. Explanation to Rule 17(2) of Companies (Management and Administration) Rules, 2014 prescribes that a Meeting called by the requisitionists should be convened only on a working day.

not at all b
yes an AGM shall not be convened on a national holiday but an adjourned meeting can be beld on a national holiday if there is no objections by the members


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