Practical Discussion on The Companies Act Section-81 to 89

Meeting and Proceeding
81. Annual general meeting--(1) Every company shall in each year of the Grogorian calendar hold in addition to any other
meetings a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it; and
not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of the
next:
Provided that a company may hold its first annual general meeting within a period of not more than eighteen months from
the date of its incorporation; and if such general meeting is held within that period, it shall not be necessary for the company
to hold any annual general meeting in the year of its incorporation or in the following year;
Provided further that the Registrar may, on an application made by a company within thirty days from the date of expiry of
the period specified for holding the annual general meeting as aforesaid, extend the time within which any annual general
meeting, not being the first annual general meeting shall be held, by a period not exceeding ninety days or not exceeding the
31st December of the calendar year in relation to which the annual general meeting is required to be held, whichever is
earlier.
(2) If a company defaults in complying with the provisions of sub-section (1), the Court may, on the application of any
member of the company, call or direct the calling of a general meeting of the company and give such ancillary or
consequential direction as the Court thinks expedient in relation to the calling holding and conducting of the meeting.
82. Penalty for default in complying with section 81--If default is made in holding a meeting of the company in
accordance with sub- section (1) of section 81, or in complying with any directions of the Court under sub-section (2)
thereof, the company and every officer of the company who is in default, shall be punishable with fine which may extend to
ten thousand taka and in case of a continuing default, with a further fine which may extend to two hundred fifty taka for
every day after the first day during which such default continues.

[@md.jalalsheak2786]

Very helpful for revision sir.
How can i join your class sir?

[@aniksaha7154]

You have to take the admission CFO Course!!

[@timetrading184]

Thanks

[@zahidkashem515]

Latu sorkar pk pok korle pora bujum kmne

[@mdsabirkhan4778]

Sabbir Pabna