Companies Act, 2017

PART-VII

MEETINGS AND PROCEEDINGS

From: 2023-11-01 - To: 0000-00-00 132. Annual general meeting- (1) Every company, shall hold, an annual general meeting within sixteen months from the date of its incorporation and thereafter once in every calendar year within a period of one hundred and twenty days following the close of its financial year: Provided that, in the case of a fisted company, the Commission, and, in any other case, the registrar, may for any special reason extend the time within which any annual general meeting, shall be held by a period not exceeding thirty days. (2) An annual general meeting shall, in the case of a fisted company, be held in the town in which the registered office of the company is situate 1[or in nearest city]: Provided that at least seven days prior to the date of meeting, on the demand of members residing in a city who hold at least ten percent of the total paid up capital or such other percentage as may be specified, a fisted company must provide the facility of video- fink to such members enabling them to participate in its annual general meeting 2[.] 3[***] (3) The notice of an annual general meeting shall be sent to the members and every person who is entitled to receive notice of general meetings at least twenty-one days before the date fixed for the meeting: Provided that…