MCQ ON INTERNATIONAL BUSINESS PART 2

1. Select the correct code of the following statements being correct or incorrecT Statement (I) : A Global Depositary Receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company. Statement (II) : A GDR is very similar to American Depositary Receipt (ADR) Statement (III) : GDRs are called EDRs when private markets Read More …

DUTIES OF COMPANY SECRETARY IN RESPECT OF ANNUAL GENERAL MEETING

In this post, we will discuss the duties of the company secretary in respect to the Annual General Meeting. A company secretary has to perform various duties before the meeting, during the meeting and after the meeting which is discussed as follows BEFORE THE GENERAL MEETING To convene a board meeting, after giving notice as per section 173(3). Give advance Read More …

PROVISIONS FOR ANNUAL GENERAL MEETING ACCORDING TO COMPANIES ACT 2013

Section 96 provides that every company, other than a one-person company is required to hold an annual general meeting every year. SS-2 provides that the Board shall, every year, convene or authorize convening of a meeting of its members called the Annual General Meeting. Proper notice must be served in the manner specified under Section 101 and 102 of the Read More …