Under section 101(1) of the Companies Act, 2013, a general meeting of a company may ordinarily be…
Section 101(1) of the Companies Act, 2013 provides that a general meeting may be called by giving not less than clear twenty-one days' notice, either in writing or through…
Choose your answer
Under section 101(1) of the Companies Act, 2013, a general meeting of a company may ordinarily be called by giving, in writing or through electronic mode, a notice of not less than:
Answer and explanation
Correct answer B
Section 101(1) of the Companies Act, 2013 provides that a general meeting may be called by giving not less than clear twenty-one days' notice, either in writing or through electronic mode (formerly section 171 of the Companies Act, 1956). Shorter notice is allowed with consent, in writing or by electronic mode. For an annual general meeting, this needs not less than 95 per cent of the members entitled to vote. For any other general meeting, it needs a majority in number of the members entitled to vote who represent not less than 95 per cent of the paid-up share capital that carries voting rights.
Clear 7, 30 and 40 days are not the statutory minimum.
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