First general meeting requirement: promoter members must convene to elect the board; interim board serves until election. The rule mandates that the first general meeting be convened by promoter members within a prescribed post registration period to elect the board of directors; the interim board chosen by the registration applicants remains in office only until the regular board is elected at that meeting.
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.
First general meeting requirement: promoter members must convene to elect the board; interim board serves until election.
The rule mandates that the first general meeting be convened by promoter members within a prescribed post registration period to elect the board of directors; the interim board chosen by the registration applicants remains in office only until the regular board is elected at that meeting.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
