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107 Points
Joined February 2009
There may be certain matters which require immediate attention and action as well as consent from the members of the company; for e.g. Increase in capital, Shifting of registered office from one state to other, Change in objects, etc. A Company cannot wait till the next annual general meeting. So the company holds an extra-ordinary general meeting (EGM) to give effect to its resolutions which requires members' consent.
Any general meeting held between two AGMs is an EGM.