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Corporate & Other Laws

If one person holding one shares in a company which has 2cr shares now if the company is conducting AGM can he go to the meeting?? And there is a minimum no of members required for a meeting to be held given In company act is there any maximum limit

Dhakshana Dhakshana

CFA L2

★ 18K+

03-Dec-22 16:35

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Answers (2)

Best Answer

All shareholders have the right to attend the AGM. There's no maximum limit.

Ashlesha Atal

Faculty

03-Dec-22 16:43

An Annual General Meeting (AGM) is held to have an interaction between the management and the shareholders of the company. The Companies Act, 2013 makes it compulsory to hold an annual general meeting to discuss the yearly results, auditorâ??s appointment and so on. A company should follow the procedures under the Companies Act, 2013 to conduct the AGM. AllÂ companiesÂ except one person company (OPC) should hold an AGM after the end of each financial year. A company must hold its AGM within a period of six months from the end of the financial year.

Gaurav Choubey

CA Foundation

★ 1K+

03-Dec-22 18:05