OPC meeting

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12 Points Posted on 07 February 2020
can One person company conduct annual general meeting?
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On 07 February 2020 at 09:47 Report
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Quick Summary
A One Person Company (OPC) is generally not required to hold an Annual General Meeting (AGM) because it only has one member. Instead of an AGM, OPCs must conduct two Board Meetings per half-year, with a mandatory minimum gap of 90 days between them, as per Secretarial Standard 1 (SS-1).

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studying cs
12 Points Posted on 07 February 2020
See Sec 96
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On 07 February 2020 at 15:33
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CS
2942 Points Posted on 07 February 2020

One Person Company is not required to hold its Annual General meeting as there is only one member in OPC

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On 07 February 2020 at 17:05
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studying cs
12 Points Posted on 07 February 2020
There is no scope of AGM in case of OPC, only two Board Meetings has to be conduct for each half year with a maximum gap of not less than 90 days, i.e 90 days or more gap has to be mandatory as per SS-1
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On 07 February 2020 at 17:17
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12 Points Posted on 08 February 2020
Thank you sir
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On 08 February 2020 at 09:12

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