Place of extraordinary general meeting: EGMs must be held within India, except for wholly owned foreign incorporated subsidiaries. An amendment to section 100(1) adds a proviso requiring that an extraordinary general meeting of a company be held at a place within India, with an explicit exemption for EGMs of wholly owned subsidiaries of companies incorporated outside India.
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Provisions expressly mentioned in the judgment/order text.
Place of extraordinary general meeting: EGMs must be held within India, except for wholly owned foreign incorporated subsidiaries.
An amendment to section 100(1) adds a proviso requiring that an extraordinary general meeting of a company be held at a place within India, with an explicit exemption for EGMs of wholly owned subsidiaries of companies incorporated outside India.
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