State whether the following statements are True or False.

(i) 30 clear days’ notice should be given in case of the Annual General meeting.

(ii) Shareholders can appoint a proxy to attend and vote at the meeting on their behalf.

(iii) Board Meetings are called once a year.

(iv) Debenture holders are the owners of the company.

(v) Directors have to perform duties related to Annual General Meeting.

(vi) Quorum is just before the commencement of the meeting.

(vii) Secretary takes down the notes of the proceedings of the meeting.


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(i) False

(ii) True

(iii) False

(iv) False

(v) False

(vi) False

(vii) True