NOTICES - Notices A notice is the short informative reports particularly on the meeting that is going to be convened It is called by the member of the

NOTICES - Notices A notice is the short informative reports...

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Notices: A notice is the short informative reports particularly on the meeting that is going to be convened. It is called by the member of the board to the shareholders. In the company, short hand information about the meeting along with the resolution to be considered should be provided to the shareholder beforehand. It can be mailed, parceled in case of personal consideraration and even pasted in the notice board of the company. Shareholders’ meetings are usually called by the board. If however the board is reluctant to call shareholders ‘meeting then the shareholders can requisition one. A company’s annual general meeting (AGM) is a type of shareholders’ meeting. Other shareholders’ meetings are known as extraordinary general meetings (EGMs). Twenty-one days’ notice is normally required to be provided to the shareholders before an AGM can be validly held, 14 days’ notice being required for an EGM. A vote on a proposed resolution is usually taken initially by ‘a show of hands’. In the course of such a vote each shareholder (otherwise known as a
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  • Spring '17
  • Economics
  • Economics, Corporation, Kensington

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