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How to Reorder Pages Incorporators' Organizational Meeting

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- Same page meetings. So this question has come up a lot and I wanna go to, I wanna start with the root of where this came from, okay. So I created same page meetings nine years ago, and it was actually created for visionaries and integrators, okay. It has evolved to be very useful for owners as well, but right now we just wanna start in the context of where it was originally birthed. And so the idea is a visionary and an integrator must be one the same page. Its completely and totally unfair to the leadership team for a visionary and an integrator to always be at odds because level 10 meetings are less productive, quarterlies, annuals are much less productive and so they must get on the same page. And it stemmed from one particular client who was really struggling with that, so I prescribed a same page meeting. In its simplest form, what a same page meeting, my belief is a monthly, two to four hour meeting, okay. And so the urging is that the visionary and the integrator meet once

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Why do you have to hold organizational meetings after the certificate of incorporation has been sent to the corporation?

After incorporation, the incorporators or first directors are required to call an organizational meeting of the directors. The purpose of this first meeting of the directors is to organize the corporation by adopting a number of resolutions that will allow the corporation to conduct its activities.

Is the director the owner of a company?

Shareholders and directors have two completely different roles in a company. The shareholders (also called members) own the company by owning its shares and the directors manage it. Unless the articles say so (and most do not) a director does not need to be a shareholder and a shareholder has no right to be a director.

What do you call the first meeting of a company?

The first board meeting of the company (private limited or public limited) is to be held within 30 days of incorporation of the company. In the first board meeting of the company, various transactions take place and the items are mentioned in the minutes of the first board meeting.

Can the director and incorporator be the same person?

Only persons of 18 years and above can be an incorporator, and some state also requires the person to be resident in the state. The person can be the owner or director of the corporation. An incorporator can be anybody qualified to file paperwork on behalf of the corporation.

What do you call a company meeting?

An annual general meeting (AGM) is the yearly gathering of a companys interested shareholders. At an annual general meeting (AGM), directors of the company present the companys financial performance and shareholders vote on the issues at hand.

What is the difference between incorporators and directors?

The incorporator is the person or persons who organize the corporation and file the Articles of Incorporation. Once the filing is complete the incorporators function is usually finished. After that the management of the corporation is performed by the directors.

What is the first board meeting?

The First Board Meeting has to be conducted within 30 days from the date of incorporation of the company. The meeting may be conducted at any time decided by the Board and the place of meeting would be the registered office or any other place inside or outside India.

Is an incorporator a director?

Oftentimes, the incorporator is not a shareholder, director or officer of the corporation. Most frequently, the incorporator is the lawyer who is handling the formation of the corporation. Following the first meeting of the Board of Directors and officers, the incorporator resigns from its role.

What is an organizational meeting?

Organizational meetings are held to appoint officers, elect or appoint directors, issue shares in the corporation, approve bylaws, setup minute books, appoint or waive the appointment of auditors, set up bank accounts, etc.

What is the first meeting of a corporation called?

An Incorporators Organizational Meeting is an initial meeting of the incorporators of a company where the initial resolutions to organize the company are recorded. This occurs after Articles of Incorporation are filed and a certificate of incorporation is received from the Secretary of State.

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