Business Studies

Which of the following statements is not true in respect of holding the Annual General Meeting?


ANSWER

Private company is not required to hold an AGM


SOLUTION
Private company is not required to hold an AGM- this statement is not true in respect of holding the Annual General Meeting. Every private company must hold an Annual General Meeting. It is conducted by the Board of Directors in order to discuss about the plan and policies which are to be taken to run the company.
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Single Correct Medium Published on 18th 08, 2020
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