general meeting

[krishan sharma]

dear sir

please clearify the difrence between  adjurned and postpon meeting  as per companies act

[DEV KUMAR KOTHARI]

Adjournment of a meeting is a statutory adjournment in some specific circumstances e.g. for want of quoram a meeting may stand adjourned to the same day, at the same time and place in the next week.

Postponement of a meeting is based on a consceious decision of board of directors, in that case notice of postponement and new date, venue, time, business etc. as circumstances may require are to be issued.

AI Summary

Adjournment and postponement: procedural difference determines whether statutory deferment or board-initiated notice and rescheduling apply. Adjournment is a statutory mechanism used in specified circumstances, typically for lack of quorum, deferring the meeting to a specified subsequent time without fresh board initiation. Postponement follows an affirmative board decision to change the meeting's date, time, venue or business and requires issuance of notices reflecting the new particulars.