ANNUAL GENERAL MEETING(AGM) Compulsory to every type of company under CA (Sec 143) at least once in every calendar year. First AGM 18 months of its incorporation Subsequent AGM 15 months after last preceding AGM Extension to time may be granted by the Registrar of Companies Sec143(2) Matters to be discussed at AGM (Table A, 4th schedule)a) Declaration of final dividendb) Receive and consider audited accounts, directors report and auditors reportc) To elect director with the Articlesd) To appoint auditors and fix their remunerationSTATUTORY MEETING Applies to public company limited by share and incorporations. Sec.142 Must hold not less than one month and not ore than three months from business commencement date. Purpose: To receive and consider the statutory reports of the company together with auditors report. Content of Statutory Report Sec143(1)(a) Total number of shared allotted(b) Total amount of cash received by company in respect of all shares allotted(c) Abstract of the receipts of the company within seven days of date of report(d) Names, addresses and descriptions of director, trustees, auditors, managers, and secretaries.(e) Particulars of the modification or proposed modificationEXTRAORDINARY GENERAL MEETING (EGM) Convene at any time for any activity which requires attention before next AGM. Directors convening authority for EGM Call the meeting either by themselves or by requisition of members. Need shareholders approval to empower Directors to issue new share (Sec 132D)GENERAL MEETING ON REQUISITION OF MEMBERS Sec144 - Members hold not less than 1/10 of paid up capital of company OR Company with no share capital, members must hold not less than 1/10 of total voting right Procedure - Members must state the object of the meeting and sign the requisition Deposited at registered office of company May convene by members themselves if directors did not convene EGM within 3 months after 21 days of requisition.Meetings(Types of meetings and nature)