CS Executive · Company Law and Practice · General Meetings
Under Section 96(2), which of the following times is valid for calling an AGM of Gopal Steels Ltd?
3 p.m. on a Sunday that is not a National Holiday is valid, because an AGM must be called between 9 a.m. and 6 p.m. on any day other than a National Holiday declared by the Central Government. A Sunday is therefore permitted.
- A8.30 a.m. on a Sunday that is not a National Holiday
- B7 p.m. on a working day
- C10 a.m. on a day declared a National Holiday by the Central Government
- D3 p.m. on a Sunday that is not a National HolidayCorrect
Explanation
An AGM must be called between 9 a.m. and 6 p.m. on any day that is not a National Holiday. A Sunday is permitted as it is not a National Holiday. 8.30 a.m. and 7 p.m. fall outside business hours, and a National Holiday is barred.
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