An extraordinary general meeting (EGM), also called a special general meeting or emergency general meeting, is a meeting other than a company’s annual general meeting (AGM) that regularly occurs among a company's shareholders, executives and any other members.
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Notice to Extraordinary General Meeting
An extraordinary general meeting can be called for transacting any business of urgent nature, which cannot be postponed until the next annual general meeting. Usually an extraordinary general meeting (EGM) can be called in the following circumstances:
Calling of the EGM by the Board on its own motion.
Calling of EGM by any Director, if at any time there are not within India Directors capable of acting who are sufficient win number to form a quorum.
Calling EGM by the Board of requisition of members as per provision of the Act.
Calling of EGM by the requisitionists themselves.
Convening of EGM by the Company Law Board or Tribunal
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