Companies Act, 2017

PART-VII

MEETINGS AND PROCEEDINGS

From: 2023-11-01 - To: 0000-00-00 133. Calling of extra-ordinary general meeting- (1) All general meetings of a company, other than the annual general meeting referred to in section 132 and the statutory meeting mentioned in section 131, shall be called extra-ordinary general meetings. (2) The board may at any time call an extra-ordinary general meeting of the company to consider any matter which requires the approval of the company in a general meeting. (3) The board shall, at the requisition made by the members- (a) in case of a company having share capital, representing not less than one-tenth of the total voting power as on the date of deposit of requisition; and (b) in case of a company not having share capital, not less than one-tenth of the total members; forthwith proceed to call an extra-ordinary general meeting. (4) The requisition shall state the objects of the meeting, be signed by the requisitionists and deposited at the registered office of the company. (5) If the board does not proceed within twenty-one days from the date of the requisition being so deposited to cause a meeting to be called, the requisitionists, may themselves call the meeting, but in either case any meeting so called shall be held within ninety days from the date of the deposit of the requisition. (6) Any meeting called under sub-section (5) by the requisitionists shall be called in the same manner, as nearly as possible, as that in which meetings are to be called by board. (7) Any reasonable expenses incurred by the requisitionists in calling a…