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Question
What do you mean by Statutory Meeting?
Answer in Brief
Solution
According to the Companies Act, every public company, should hold a meeting of the shareholders within 6 months but not earlier than one month from the date of commencement of business of the company. This is the first general meeting of the public company, which is called the Statutory Meeting. This meeting is conducted only once in the lifetime of the company.
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Kinds of Company Meetings
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