7.kinds of meetings(Types of Meetings).pptx

annual general meeting.

1. Different Kinds of Company Meetings A statutory meeting is the first meeting of shareholders, held by public companies within a specified period after incorporation. This meeting is essential for discussing the company’s formation, financial position and the goals of the business. It provides an opportunity for shareholders to understand the company’s structure and future plans.

2. Features of Statutory Meeting: Held only once during the company’s lifetime. Provides shareholders with the statutory report detailing share capital, assets and liabilities. Ensures transparency during the early stages of the company’s operations

3. 3 . Extraordinary General Meeting (EGM) An EGM is convened to address urgent or exceptional issues that cannot wait until the next AGM. These meetings are usually called for specific purposes such as mergers, acquisitions or changes to the company’s rules.

4. Features of EGM: Held to discuss urgent issues outside the AGM schedule. Requires specific notice and agenda tailored to the issue at hand. Decisions made are binding on the company.