Notice of less than 21 days
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13-Apr-2018 01:02 AM /
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Can a private limited company hold a general meeting by giving notice of less than 21 days if the articles of the private company so provides?
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05-Apr-2022 10:06 AM /
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Can I receive payment from my clients in my bank account before applying for the commencement of the business certificate (Form INC 20A) ?
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Posted By : Shiriti /
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05-Apr-2022 10:06 AM /
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Will my company account get freezed if my client didnt filed INC 20A : Commencement of Business within 180 days from the date of incorporation?
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Dear Ma'am,
Greetings!
As per Section 101(1) of Companies act 2013 it is required at least 21 days clear notice to be served on to call a general meeting of shareholders of companies, excluding the day of the meeting held and day of service of notice.
The proviso to Section 101(1) allows a Company to hold a shareholders meeting in a shorter notice period – i.e. of less than 21 days, provided consent is given in writing or by electronic mode by not less than 95% of the members entitled to vote at such meeting.
Shorter Notice may be given to the shareholders of a Company for convening General Meeting whether it is Annual General Meeting or Extra-Ordinary General Meeting (EGM).