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What is the purpose of the special general meeting?
There are many types of general meetings in a company, which are Annual general meeting, Extra Ordinary general meeting, meetings of members, meetings of creditors or debenture holders.
What is the meaning of special general meeting?
An extraordinary general meeting (EGM) is a company shareholder meeting thats not its scheduled annual general meeting (AGM). An EGM is also called a special general meeting or emergency general meeting.
What is the difference between a general meeting and a special general meeting?
A general meeting of members other than an AGM is often referred to as a special general meeting. These meetings are held so the whole membership can deal with specific motions or business. For example, to change the rules of the association.
What is the difference between a general meeting and a special meeting?
Special Committee Meetings Urgent meetings of the committee are called Special Committee Meetings and are usually called to deal with a dispute or grievance or other matters of urgency. Minutes from the committee meeting are not available to the members. General Meetings - General meetings are for all members.
What is the purpose of a special meeting?
SGMs are convened to address urgent matters that arise between AGMs. Purpose: These meetings are called to discuss specific issues requiring immediate attention. They can be initiated by the management committee or at the request of a certain number of members, as stipulated in the Bye-Laws.
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An emergency meeting is a special meeting called because of circumstances that, in the judgment of the public body, require immediate consideration by the public body. Minn.
What is considered a special meeting?
In contrast, a special board meeting is a meeting that is not scheduled well in advance and is called by someone authorized either under the law or the organizations bylaws for a special purpose.
Related links
General Law - Part I, Title XXII, Chapter 156D, Section 7.02
A corporation shall hold a special meeting of shareholders: (1) on call of its board of directors or the person authorized to do so by the articles of
A special meeting is also known as a called meeting is a meeting that is not regularly scheduled and is held to conduct specified business as stated in the
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