Power of Central Government to call annual general meeting.

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....or in the articles of the company, on the application of any member of the company, call, or direct the calling of, a general meeting of the company and give such ancillary or consequential directions as the Central Government thinks expedient in relation to the calling, holding and conducting of the meeting.[1] Explanation. The directions that may be given under this sub-section may include a di....

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....91, read as under : for the following: "167. Power of 1[Company Law Board] to call annual general meeting. (1) If default is made in holding an annual general meeting in accordance with section 166, the 2[Company Law Board] may, notwithstanding anything in this Act or in the articles of the company, on the application3 of any member of the company, call, or direct the ' ' ' ' calling of, a genera....

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....sp;              2 Substituted by the Companies (Amendment) Act, 1988, section 66, w.e.f. 31-5-1991 for the words "Central Government".                3 Fees prescribed is Rs. 500, w.e.f. 1-4-2000. On notification of the commencement of the amendment, power will b....