Question

 The ___________ prepares the annual budget of the Corporation and remains present for the general body meetings. ​

Answer 1

Answer:

I think it's a very good afternoon I think I have a great day and a half hour and then I was wondering about the delay in response to be your own a

Answer 2

Explanation:

An annual general meeting (AGM, also known as the annual meeting) is a meeting of the general membership of an organization.

These organizations include membership associations and companies with shareholders.

These meetings may be required by law or by the constitution, charter, or by-laws governing the body. The meetings are held to conduct business on behalf of the organization or company.

In India, the Companies Act 2013 ("Act") regulates the requirement to conduct an annual meeting of the members to discuss the four ordinary businesses. As per section 96 of the Act, every Company requires to conduct such a meeting by served a notice of 21 days minimum length prior to the meeting either at the latest known address or email id of the members. However, a company may conduct such meeting through the issue of a notice of shorter length with prior approval of not less than 95 % of the members entitled to vote at such meeting.The directors also elect the auditors of the company in the annual general meeting.

The four business includes 1) Financial statement approval 2) Appointment of Director 3) Appointment & to fix the remuneration of statutory auditor 4) Declare the dividend

I hope my answer is correct and keep it up

and aap kaha se ho reply do mein maitri hu Gujarat se fast reply I will wait soon for your reply