Legality of meeting - NEPAL MONETARY SOLUTIONS (NMS)

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Friday, April 4, 2014

Legality of meeting

Legality of meeting

Before every general meeting commences, the shareholders present therein shall ascertain whether it has been convened in accordance with this Act and the articles of association; and a general meeting shall be deemed to have been duly called even if any other law has not been observed with respect thereto, provided a notice has been sent to all shareholders pursuant to Sub-section(2) of Section 67 and the meeting attended by the required quorum as referred to in Section 73 agrees to hold it .

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