Tribunal power to call annual general meeting ensures member-initiated remedy when annual meeting is defaulted under company law. If a company defaults in holding its annual general meeting, the Tribunal may, on application by any member, call or direct the calling of that meeting notwithstanding the Act or the company's articles and may give ancillary directions, including deeming one member present in person or by proxy to constitute a meeting; a meeting held under such direction shall, subject to Tribunal directions, be deemed the company's annual general meeting under the Act.
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.
Tribunal power to call annual general meeting ensures member-initiated remedy when annual meeting is defaulted under company law.
If a company defaults in holding its annual general meeting, the Tribunal may, on application by any member, call or direct the calling of that meeting notwithstanding the Act or the company's articles and may give ancillary directions, including deeming one member present in person or by proxy to constitute a meeting; a meeting held under such direction shall, subject to Tribunal directions, be deemed the company's annual general meeting under the Act.
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