Power to convene annual general meeting: government/tribunal may call meetings and direct their conduct as AGM. The Central Government may, on any member's application where an AGM has not been held, call or direct a general meeting and give ancillary directions for its calling, holding and conduct, including deeming one member present in person or by proxy to constitute a meeting; a meeting held under this power shall be deemed to be the company's annual general meeting, except that in revival and rehabilitation of sick industrial companies under Chapter VIA the Tribunal exercises these powers in place of the Central Government.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Power to convene annual general meeting: government/tribunal may call meetings and direct their conduct as AGM.
The Central Government may, on any member's application where an AGM has not been held, call or direct a general meeting and give ancillary directions for its calling, holding and conduct, including deeming one member present in person or by proxy to constitute a meeting; a meeting held under this power shall be deemed to be the company's annual general meeting, except that in revival and rehabilitation of sick industrial companies under Chapter VIA the Tribunal exercises these powers in place of the Central Government.
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