Question

What is annual general meeting? Why it is called? What businesses are transacted at the annual general meeting?

Answer 1

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Answer 2

Answer:

An annual general meeting (commonly abbreviated as 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.