ACCA LW ^Eng Syllabus F. Management, Administration And The Regulation Of Companies - Distinguish Between Types Of Meetings - Notes ^{1 / 3}

3 Types of Meeting:

1. Annual General Meeting (AGM) – called by directors - 21 day notice needed (shorter if 100% agree)

   Private companies - NOT mandatory 
   Public companies - within 6m of Y/E

   Routine business

2. General Meeting (GM) – called by directors / members owning 5%+ - 14 days notice needed (shorter if 90% (private) / 95% (public) agree

   Non-routine business (exceptional items)

3. Class Meeting (GM) – called by that class members - on matters relating to them - 14 day notice needed

Calling Of General Meetings

Company secretary is responsible for complying with the following:

1. Sufficient notice given

2. Notices of time, location, and detail enough to allow members decide whether they need attend

3. Agenda circulated

4. Auditor invited