C
ClearView News

Can AGM and EGM be held on same day?

Author

Emma Newman

Published Mar 01, 2026

Can AGM and EGM be held on same day?

Both ordinary business and special business are transacted at AGM, whereas only special business is transacted at EGM. An AGM should be conducted on any day other than a national holiday, in business hours only. As against, an EGM can be carried out on any day including national holiday, and anytime during a day.

Moreover, can AGM and Board meeting be held on same day?

Yes the Company can conduct its Board meeting and AGM on the same day. No u can't fix AGM date in that Board meeting.It requires 21 days clear notice. Shorter notice is possible only 95% of shareholders given their consent to act as such.

Also Know, can EGM be held after business hours? An EGM can be called only for a special agenda or a situation of crisis requiring urgent attention of the members, while an AGM can be called for ordinary or special business. An EGM can be held at a national holiday and outside of business hours, which is not the case with an AGM.

Similarly, it is asked, can EGM be held through video conferencing?

EGMs, wherever unavoidable, may be conducted through video conferencing (VC) or other audio visual means (OAVM). The company shall ensure that the facility allows two-way teleconferencing or webex.

What is the difference between AGM and EGM?

The key difference is that an AGM is a scheduled meeting which must be held annually. On the other hand, an EGM is an ad-hoc meeting convened in response to an urgent matter. While the two meetings hold different purposes, the legal requirements surrounding their operation are similar in nature.

Can AGM be held without accounts?

You could hold the annual general meeting without laying the accounts, then lay the accounts later at a general meeting. The AGM could be opened then adjourned to a later date when the accounts will be ready. This does comply with the law, but of course it can only be done with the consent of the members.

Can a AGM be held on Sunday?

Ans.: An AGM can be called during business hours, that is, between 9 a.m. and 6 p.m. on any day that is not a National Holiday. thus, private company can held AGM outside india if it applies to the Central Government for relaxation of provisions of Section 96 of the Companies Act, 2013.

How much notice do you have to give for an AGM?

The Act states that the notice period for an AGM is 21 days notice, although 21 clear days notice is implied and it's this interpretation which we use. According to the Act the period of notice is defined as the day on which the notice is given, not deemed received.

Can AGM be held on shorter notice?

The notice should also mention the business to be conducted at the AGM. A company should send the notice of the AGM to: An AGM can be called at a notice period shorter than 21 days' if at least 95% of the members entitled to vote in the meeting agree to the shorter notice.

Can AGM be held on Saturday?

Hiranand, Section 166 (2) says Every annual general meeting shall be called for a time during business hours, on a day that is not a public holiday, As Saturday is not a public holiday its only off for the Company. So, AGM can be called on Saturday.
By law, federally incorporated businesses and not-for-profit corporations have to hold an annual general meeting (AGM) of shareholders or members every year.

What is due date of AGM?

A company must hold AGM every year within six months from the date of closing the financial year. AGM gives a chance to shareholders of a company to put forth their views in the business or transactions of the company.

Is it compulsory for auditor to attend AGM?

Auditor is statutorily required to attend any general meeting either by himself or through his authorised representative, who shall also be qualified to be an auditor. Auditor is however permitted to be exempted by the company to attend the general meeting.

How do you conduct an EGM?

Calling an EGM as requested by shareholders owning at least 10 percent of the Company's voting shares shall be carried out by the Company's Board of Directors. The Board of Directors shall either call or refuse to call the EGM within 5 days from the date that the corresponding request was lodged.

How do you conduct a board meeting in video conferencing?

Procedure for convening and conducting the Board meetings through video conferencing or other audio visual means.
  1. Notice of Meeting. i.
  2. Pre-requisites for Conducting Meeting Through Video Conferencing. i.
  3. During the Meeting. i.
  4. Venue of the Meeting.
  5. Statutory Registers.
  6. Minutes of the Meeting.

What is OAVM?

The Ministry of Corporate Affairs (MCA) vide its General Circular No 14/2020 issued earlier, on April 08, 2020, allowed the Companies to hold their Extra-Ordinary General Meetings (EGM) through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Who can call for EGM?

An extraordinary general meeting can be called by a: committee member (if approved by the majority of voting committee members) or. written request signed by at least 25% of lot owners or their representatives or. person authorised by an adjudicator's order.

Who can attend an EGM?

Members and/or shareholders must be informed of the purpose of the EGM so that they may attend in a position where they can discuss and exercise intelligent judgment, or else any resolutions passed are invalid.

Does 21 clear days notice include weekends?

As provided in para 1.2. 6 of secretarial standard-2, for the purpose of reckoning 21 days clear notice, the day of sending the notice and the day of Meeting shall not be counted. Further in case the company sends the notice by post or courier, an additional two days shall be provided for the service of notice.

What is the purpose of an EGM?

The extraordinary general meeting is utilized to deal with urgent matters that come up between annual shareholders' meetings. EGMs are often considered for emergency measures such as resolving an immediate legal matter or the removal of a key manager.

How many EGM can be held in a year?

The Board of directors of the company have the power to call an extraordinary general meeting whenever, in its opinion, it deems fit. The reason for the existence of an extraordinary general meeting is that the annual general meeting is conducted within a gap of about 18 months between two consecutive meetings.

What is the difference between AGM and Board meeting?

Main Differences Between Annual General Meeting and Board Meeting. Key members in Annual Meetings are the shareholder and investors whereas key members in Board Meetings are members of the Board.

What is general members meeting?

General meetings include any meetings of members (usually shareholders) such as annual general meetings ('AGMs'), meetings of different classes of members and creditors' meetings.

Continue Reading

Is Kia Seltos overpriced?

How long does a youth criminal record last in Canada?

Did Leah Bracknell have a family?

Can AGM and EGM be held on same day?