CAF-4 · Chapter 22 · Question 5 of 11
A public company held its incorporation on 1 February 2024. By what date must the company hold its very first Annual General Meeting (AGM)?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) By 1 June 2025 (within 16 months)
Explanation
The first AGM of a company must be held within 16 months from the date of its incorporation. Subsequent AGMs are held once in every calendar year within 120 days following the close of the financial year.
More Meetings and resolutions MCQs
- Q7An Extraordinary General Meeting (EGM) of an unlisted public company has been called. What constitutes a valid quorum for this meeting…
- Q8If a meeting is called by the Commission (SECP) due to a default in holding the AGM, what special rule regarding the quorum may the…
- Q9Shareholder Ali requested a certified copy of the minutes of the 10th AGM held on 5 May. He submitted his request on 10 May. Under the…
- Q10If members holding 10% voting power requisition an EGM, but the directors fail to call the meeting within 21 days, what action can the…
- Q11A special resolution requires a notice period of at least 21 days. Can a special resolution be passed with a shorter notice period?
