I asked Mr google if a company can operate without an AGM in a year. I am not sure if the answer below is general or if applicable to AU law.No, a public company cannot legally go for more than a year without holding an AGM(Annual General Meeting) as per the Corporations Act, which requires them to hold an AGM at least once every calendar year within a specific timeframe after their financial year ends, usually within five months.Key points about AGMs for public companies:
Legal requirement:Holding an AGM annually is a mandatory legal requirement for public companies. Timeframe:The AGM must be held within five months of the end of the company's financial year. Consequences of not holding an AGM:Failure to comply with the AGM requirements can lead to legal repercussions for the company and its directors.
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