Extraordinary General Meeting of the Company on Requisition – Process under Company Act 2013
Extraordinary General Meeting of the Company on Requisition – Process under Company Act 2013 Introduction A company is an artificial person created by law. The business of a company is carried on by the elected representatives of the shareholders. They make decisions regarding matters affecting the company by calling meetings. They cannot decide all matters themselves. Certain matters are required to be decided by the whole body of members. Therefore, member meetings are held from time to time. Shareholder Democracy, Class Action Suits, and the Protection of the interest of investors are the essence and attributes of the Companies Act, 2013. Annual general meeting Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it, and not more than fifteen months shall elapse between the date of one annual general meeting of a compa...