0
What else can I help you with?
What does the charge Theft 3rd degree 1978 AGMS mean in layman's terms in Iowa?
Aggravated Misdemeanor
Why do companies hold AGMs?
Companies hold Annual General Meetings (AGMs) to provide a platform for shareholders to receive updates on the company's performance, discuss financial statements, and vote on important matters such as board elections and dividend distributions. AGMs facilitate transparency and accountability, allowing shareholders to engage with management and ask questions. Additionally, they are often required by law or corporate governance guidelines to ensure that shareholders have a voice in the company’s operations and strategic direction.
Should auditor be seen not be heard?
auditors have a right towards the directors to be heard, mainly the sources available to auditors are: AGMs Letters to management Through audit committee
Can shareholders vote on company issues?
Yes, shareholders can vote on company issues, typically during annual general meetings (AGMs) or special meetings. Their voting rights often include decisions on electing board members, approving mergers or acquisitions, and other significant corporate actions. The extent of their voting power depends on the class of shares they hold and the company's bylaws. Shareholders usually cast their votes in person, by proxy, or electronically.
Are only members allowed to attend an AGM?
Typically, only members of an organization are allowed to attend an Annual General Meeting (AGM), as these meetings are primarily intended for members to discuss and vote on important matters affecting the organization. However, some AGMs may permit non-members, such as guests or observers, to attend, depending on the organization's bylaws or specific policies. It's always best to check the organization's rules or announcements regarding attendance.
What are the ongoing compliance requirements for a registered society in Haryana?
Registered societies in Haryana must adhere to several ongoing compliance requirements: Annual General Meetings (AGM): Conduct AGMs and submit annual returns to the Registrar. Maintenance of Records: Keep proper records of meetings, membership registers, and financial accounts. Audit: Ensure regular audits of the society’s accounts to maintain transparency and accountability. Reporting Changes: Inform the Registrar of any significant changes in the society's structure, office bearers, or registered office address.
What are the key post-incorporation compliances for a private limited company in India?
Post-incorporation, a private limited company in India must comply with several statutory requirements, including: Opening a bank account in the name of the company. Filing a declaration of commencement of business within 180 days of incorporation. Maintaining statutory registers such as the Register of Members and Register of Directors. Preparing and filing financial statements and annual returns with the Registrar of Companies (ROC). Registering for GST if applicable and complying with its regulations. Holding annual general meetings (AGMs) and board meetings as required by law.
What are the meeting requierments for proprietary company?
Proprietary companies in many jurisdictions, like Australia, are generally required to hold at least one meeting of directors each year. However, they are not mandated to hold annual general meetings (AGMs) for shareholders, although they must keep shareholders informed about significant company matters. Additionally, proper records of meetings and decisions should be maintained to comply with corporate governance and regulatory requirements. Specific requirements can vary based on local laws, so it's essential for companies to consult legal guidelines relevant to their jurisdiction.
What is the Difference between annual general meeting and extraordinary meeting?
• Annual general meetings (AGMs) are a part of the normal financial calendar for all limited companies and take place on the occasion of the year-end results presentation and the publication of the annual report. • Extraordinary general meetings are called to discuss strategic and other issues with shareholders outside the normal financial calendar. Purposes Both types of meetings are formal meetings between company directors and the shareholders of the company. They typically involve presentations by the board (typically the chairman and/or CEO) and a chance for shareholders to question the board. AGMs The AGM is a formal part of a company financial year. Its purpose is to allow the board to present the year's results, discuss the outlook for the coming year, present the formal, audited accounts and to have the final dividend and directors' emoluments approved by shareholders. Shareholder approval is signalled by the passing of resolutions in which shareholders vote in proportion to their holdings. It is usual for the board to make a recommendation and then seek approval of that recommendation by shareholders. The dividend per share, for example, is recommended by the board but only paid after approval by the shareholders at the AGM. Institutional shareholders may employ proxy voting if they are unable to attend in person. EGMs Extraordinary meetings are called when issues need to be discussed and approved that cannot wait until the next AGM. A full year can be a very long time. In some business environments when events necessitate substantial change or a major threat, an EGM is sometimes called. Management may want a shareholder mandate for a particular strategic move, such as for a merger or acquisition. Other major issues that might threaten shareholder value may also lead to an EGM such as a 'whistleblower' disclosing information that might undermine shareholders' confidence in the board of directors.
Can the Annual General Meeting of a closely held Private Ltd. be held outside India?
As per Section 166(1) of the Companies Act 1956 (CA) every company shall in each year hold in addition to any other meetings a general meeting as its annual general meeting and it must be held either at the registered office of the company or within the city, town or village in which the registered office is situated.However, as per clause (b) of second proviso to Section 166(2), a private company, which is not a subsidiary of a public company can fix the place for all its AGMs by its articles or by a resolution passed in an AGM or by a resolution agreed to by all the members of the company, i.e. by unanimous consent of all its members. This resolution need not be passed by holding a general meeting of the company it is required to be "agreed to" by all the members of the Company. Such a resolution can be passed by obtaining individual consent of each member without holding a meeting.Thus, a private limited company, which is not a subsidiary of a public company may, by any of the three methods, decide to hold its AGM at any place in the world.
How do you chair an AGM?
(Note: this applies to fairly informal community-run committees like creche or kindergarten committees. The chairperson is usually the president in such instances. For more formal AGMs I suggest you look elsewhere.)The chairperson declares the meeting open, welcomes guests and members and accepts the apologies.The Secretary reads the minutes of the previous AGM (not the previous committee meeting) - sometimes these are just distributed beforehand for people to read. They must then be confirmed with a motion, and seconded - then a vote taken. For example, person A says "I move the adoption of the minutes of the 2008/09 Annual General Meeting" and person B says "I second that motion".If there is any business arising from the minutes of the previous AGM it is then dealt with. Any correspondence for the AGM is read and dealt with (other correspondence is held over until the next committee meeting). Note: there is rarely any business arising or correspondence at AGMs - such things have generally been resolved in the previous year!The President then presents his/her annual report, which briefly covers the year's achievements and results. The report is adopted in the same manner (one person moves, and another seconds - these people can be pre-arranged so they might say something nice about the report and/or the work of the president/committee).The treasurer then presents the annual financial statement. The treasurer then says, "I move that this annual financial report be received and adopted". Someone seconds this motion (and if pre-arranged, might say something nice about the treasurer's work).The next step is election of office bearers. If the president is likely to continue, he/she should have someone else chair this part of the meeting. The (new) chair then declares all positions vacant. If there is more than one nomination for any position, a secret vote will take place (generally though, those in the running might leave the room so that a show of hands can be counted). Sadly, it is more usual that members are being begged and coerced into joining the committee so voting is fairly rare in my experience! After declaring the results, the new president, vice-president, secretary, treasurer and committee members are installed - the guest chair vacates the seat and the new chairperson (usually president) runs the remainder of the meeting.If there is a guest speaker, the chair will then introduce him or her and they will speak next. A pre-arranged person will thank the guest speaker at the conclusion of their speech (and present a gift if appropriate).The chair then wishes the new committee well and declares the annual general meeting closed.
Will it be possible to attach a nuclear missile onto a F-22 Raptor so that nuclear bombs can be fired like a missile?
Weapons with ranges less than 2000? miles were banned by Salt II, however with Russia pulling out of the treaty, and it never being ratified by the US congress, yes it is possible.... The issue is the limited size of the internal weapons bays of the F-22, it can't carry a large cruise missile. It is also a question of necessity. With 2 large stealthy bombers, and one very large unstealthy bomber capable of carrying 16 - 30 tomahawk cruise missiles, why laded down an air superiority fighter with a 4000 pound weapon. It also must be called into question the need. Yes I am sure a W72 type warhead could be loaded onto maverick or harpoon type AGMs but why when conventional warheads can accomplish the same. When a weapon of this type is $10,000,000 and to use it is far more expensive endeavor, why not use a $50,000 bomb dropped by a cheaper airframe such as the f-18, 16, 15, or even the 117 The F-22 could almost certainly carry an AIR-2 Genie air to air missile with its 1.5 kiloton yield W25 nuclear warhead, but the last of these were removed from service in 1985. However the Genie was only intended to shoot down bomber formations, not attack cities.
