Section 100 of CA 2013 : Section 100: Calling Of Extraordinary General Meeting
CA 2013
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Explanation using Example
Imagine a scenario where the shareholders of "XYZ Pvt. Ltd." are concerned about the company's direction and want to propose a new business strategy. The company has a share capital, and a group of shareholders who collectively hold 12% of the paid-up share capital with voting rights decide to take action. They make a requisition to the Board of Directors, asking for an Extraordinary General Meeting (EGM) to discuss their proposal.
The requis...
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