Question
What is the requirement that a company hold meetings? Which of the following is correct? (1 mark) Select one: a. Public companies and large proprietary
What is the requirement that a company hold meetings? Which of the following is correct? (1 mark)
Select one:
a. Public companies and large proprietary companies are required to hold annual general meetings each year.
b. No company needs to hold any meeting, unless of course ASIC determines that the company must hold a meeting for some emergency purposes.
c. A company needs only to hold a meeting where a special resolution is to be put to the members.
d. Only public companies must hold an annual general meeting, however all other companies may need to hold a meeting if passing a special resolution or where the members demand that meeting.
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