https://www.taxtmi.com/caselaws?id=97540 The term "meeting" in section 76(1) of the Indian Companies Act, 1913 was given its ordinary meaning and required the coming together of more than one person. A company with only one member could not validly hold a general meeting by itself, because the statutory context did not expressly or by necessary implication extend the word to a single-member gathering. As the provision was penal, strict construction applied and no liability could arise under section 76(2) or section 133(3) unless the duty was clearly imposed. Later explanatory provisions in the Companies Act, 1956 reinforced that a single member counts as a meeting only when specially directed. en-us Mon, 02 Sep 1957 00:00:00 +0530 Mon, 14 Jul 2025 17:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97540 The term "meeting" in section 76(1) of the Indian Companies Act, 1913 was given its ordinary meaning and required the coming together of more than one person. A company with only one member could not validly hold a general meeting by itself, because the statutory context did not expressly or by necessary implication extend the word to a single-member gathering. As the provision was penal, strict construction applied and no liability could arise under section 76(2) or section 133(3) unless the duty was clearly imposed. Later explanatory provisions in the Companies Act, 1956 reinforced that a single member counts as a meeting only when specially directed. Case-Laws Companies Law Mon, 02 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97540