Question 42 of 43
Q.State the various types of company's meeting.
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2026Subjective· 3mImportance★★★★★
98% · 42/43 Questions
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Start your 14-day free trial to unlock the full solution →The main types of company meetings are shareholders' meetings (AGM, EGM, class meetings), directors'/Board meetings (and committee meetings), and creditors'/debenture holders' meetings.
1. Meetings of shareholders (members):
- Annual General Meeting (AGM): held once every year to transact ordinary business (accounts, dividend, appointment of directors and auditors).
- Extraordinary General Meeting (EGM): held to deal with urgent special business that cannot wait for the AGM.
- Class meetings: meetings of a particular class of shareholders (e.g. preference shareholders) to decide matters affecting that class.
2. Meetings of directors:
- Board meetings: meetings of the Board of Directors to manage and take decisions.
- Committee meetings: meetings of committees of the Board (audit committee, etc.). …
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