Draft Notice for Annual General Meeting and Special General Meeting
Every housing society member in Navi Mumbai knows the paper slip that arrives before the annual meeting with a date, a time and a list of items. Companies send the same kind of notice to their shareholders, but in a company a badly drafted notice can make a resolution open to challenge. What must the notice say, how many days before the meeting must it reach the members, and when does an item need an explanatory statement?
In two minutes
A notice of a general meeting is the company's invitation to its members, issued on the Board's authority, which must be given at least clear twenty-one days before the meeting and must state the place, date, day and hour and the business to be transacted (Companies Act 2013, s.101).
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