IGNOU BCOC 135 2025 2026 - What is the significance of annual general meeting? What bus

Question

What is the significance of annual general meeting? What business is generally transacted at such meetings?

16 Nov 2025

Answer :

Word Count : 292

An annual general meeting (AGM) is a crucial statutory requirement under company law for certain types of companies, particularly public companies. Its significance lies in providing a formal platform for the shareholders to engage with the management, review the company’s performance, and participate in key decision-making processes. AGMs ensure transparency and accountability in the company’s functioning, as directors and auditors are

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