please correct me if i am wrong...but a SH or group of SH holding at least 10% of the shares of the shares in a Company can request the board to convene an EGM by sending a signed notice to the Company at its Registered Office. The EGM is utilised to deal with urgent matters that come up between Annual General Meetings. Upon the submission of a valid request, the board of directors of the company must call for the EGM within 3 weeks . In case the board fails to do so, the SH can themselves call the EGM within 3 months of depositing the request. The only issue in all this is the time
What price gets your YES VOTE?, page-93
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #