THE MEETINGS OF THE COMPANY. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCTHE MEETINGS OF THE COMPANY.3 Marks
Question
Explain in detail about Special Meetings.
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Answer
Details about Special Meetings are as follows.
Class/Group meetings: - The Company provides different types of shares. Regarding the rights of such shareholders there are provisions in the regulation. According to these provisions, a meeting of different class shareholders is convened. To maintain the interest of each class in this meeting. Such meetings are called, so that transparency can be done with appropriate strategic decisions.
Meetings of Creditors: This meeting is convened to settle with the company's creditors. Such a meeting is called when a creditor makes an appeal to the court to file a court summons or order a meeting of the court creditors.
The Meeting at the time of Dissolution of company: - The dissolution officer at the time of the dissolution of the company calls as many meetings as he thinks fit. The meetings of the creditors, meetings of the remaining shareholders etc. convene meetings, and the decisions taken are discussed and discussed on the necessary issues.
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