The day of the Annual General Meeting must not be a public holiday. The meeting can be held either at the registered workplace of the corporate or any preselected venue throughout the area of jurisdiction of the place where the registered workplace of the company is located. An Annual General Meeting, as the name suggests, is a general assembly, which is held on a yearly foundation.
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they will also use the Scheduler panel to schedule their duties and appointments. Once a decision to liquidate has been reached, the business must be closed, staff discharged, and firm belongings must be secured and inventoried.
If a company is wound up, its shareholders will lose their stake, however their separateness from the company will stop its creditors from pursuing them for fulfilment of its debts. If, however, an unincorporated enterprise ought to go bankrupt, its … Read More