Justify the following statement: When a company is in financial difficulty it may call a meeting of creditors.

i. The quorum for less than 1000 members is 5 members. ii. The quorum for more than 5000 members is 30 members. iii. The quorum for 2500 members is 15 members.

i. Board Meeting ii. Committee Meeting

i. Annual General Meeting ii. Extra-ordinary General Meeting iii. Board Meeting iv. Board of Directors

i. Minimum four Directors Meetings must be held in a year. ii. Annual General Meeting must be held once a year. iii. Annual General Meeting must be held every year. iv. The Meeting of all Directors is...

i. First Annual General Meeting must be held within Nine (9) months of the closing of its financial year. ii. Annual General Meeting should be held at the registered office or at some other...

i. No, the company cannot call the next Annual General Meeting immediately to remove the director. ii. Extra Ordinary General Meeting should be called to discuss removal of the director. iii. A resolution requiring special notice...

The Board of Directors is the authority to convene general meetings. The notice must be given 21 clear days before the meeting to all those who are entitled to receive it. The...

Every company other than one person company must hold an Annual General Meeting once a year. Annual General Meeting is held to review the working of the company during the previous...

(i) Shareholders meeting (ii) Class Meeting (iii) Committee Meeting (iv) Creditors Meeting (v) Class Meeting

Correct Answer - Financial Company : (a),(b), (d),(e),(f); Non -fincial Company : None