Home | ARTS | Business Environment and Law
|
Requisites Of A Valid Meeting - Meetings And Resolutions
Business Environment and Law-Meetings And Resolutions
Requisites Of A Valid Meeting - Meetings And Resolutions
Posted On :
A meeting can validly transact any business, if the following requirements are satisfied:
Requisites
Of A Valid Meeting:
A meeting can validly transact any business, if the following requirements are satisfied:
The meeting must be duly convened by a proper authority.
A proper notice must be served in the prescribed manner.
A quorum must be present.
A chairman must preside.
Minutes of the proceedings must be kept by Proper Authority .
A meeting must be convened or called by a proper authority. Otherwise it will not be a valid meeting. The proper authority to convene general meetings of a company is the Board of Directors. The decision to convene a general meeting and issue notice for the same must be taken by a resolution passed at a validly held board meeting.
A meeting can validly transact any business, if the following requirements are satisfied:
The meeting must be duly convened by a proper authority.
A proper notice must be served in the prescribed manner.
A quorum must be present.
A chairman must preside.
Minutes of the proceedings must be kept by Proper Authority .
Proper Authority To Convene Meeting
A meeting must be convened or called by a proper authority. Otherwise it will not be a valid meeting. The proper authority to convene general meetings of a company is the Board of Directors. The decision to convene a general meeting and issue notice for the same must be taken by a resolution passed at a validly held board meeting.
Tags : Business Environment and Law-Meetings And Resolutions
Last 30 days 1231 views
