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ANNUAL GENERAL MEETING
(AGM)
* Compulsory to every type of company under CA (Sec 143) at least once in every calendar year. * First AGM – 18 months of its incorporation * Subsequent AGM – 15 months after last preceding AGM * Extension to time may be granted by the Registrar of Companies – Sec143(2) * Matters to be discussed at AGM (Table A, 4th schedule) a) Declaration of final dividend b) Receive and consider audited accounts, director’s report and auditor’s report c) To elect director with the Articles d) To appoint auditors and fix their remuneration
ANNUAL GENERAL MEETING
(AGM)
* Compulsory to every type of company under CA (Sec 143) at least once in every calendar year. * First AGM – 18 months of its incorporation * Subsequent AGM – 15 months after last preceding AGM * Extension to time may be granted by the Registrar of Companies – Sec143(2) * Matters to be discussed at AGM (Table A, 4th schedule) e) Declaration of final dividend f) Receive and consider audited accounts, director’s report and auditor’s report g) To elect director with the Articles h) To appoint auditors and fix their remuneration
STATUTORY MEETING * Applies to public company limited by share and incorporations. * Sec.142 – Must hold not less than one month and not ore than three months from business commencement date. * Purpose: To receive and consider the statutory reports of the company together with auditor’s report. * Content of Statutory Report – Sec143(1) (a) Total number of shared allotted (b) Total amount of cash received by company in respect of all shares allotted (c) Abstract of the receipts of the company within seven days of date of report (d) Names, addresses and descriptions of director, trustees, auditors, managers, and secretaries. (e) Particulars

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