AGM
Under the Companies Act 1985 a company must hold a meeting of shareholders in each calendar year to deal with matters such as the adoption of the previous year's financial statements, rotation of directors and the appointment of auditors. Shareholders may also use the opportunity to ask questions of the Board.

Easyform Glossary of Law Terms. — UK law terms.


AGM
abbreviation for annual general meeting.

Collins dictionary of law. . 2001.


AGM
A meeting of shareholders required to be held by a public company within six months beginning with the day following its accounting reference date (section 336, Companies Act 2006). Under the Companies Act 2006, private companies are not obliged to hold AGMs. The Companies Act 2006 does not specify what business must be transacted at an AGM, nor are there any restrictions on business. Usually the meeting is used for matters which must be dealt with each financial year, such as the re-election of directors, fixing the remuneration of auditors and consideration of the annual accounts, directors' report and auditors' report. A public company AGM requires at least 21 clear days' notice unless shorter notice is agreed by all members entitled to attend and vote.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • Agm — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre   Sigles de deux lettres > Sigles de trois lettres …   Wikipédia en Français

  • AGM — is a three letter abbreviation with multiple meanings, as described below: * Academia General Militar, the military academy where the Spanish Army trains its officers. * Absorbent glass mat (battery) * ...agm... is a composition by Sir Harrison… …   Wikipedia

  • AGM — AGM: AGM (Absorbent Glass Mat) технология изготовления свинцово кислотных аккумуляторов. AGM (Award of Garden Merit) ежегодно присуждаемая премия Королевского общества садоводов …   Википедия

  • AGM — (Air to Ground Missile) missile launched from an aircraft and is intended to strike a target on the ground AGM (annual general meeting) meeting that takes place once a year; shareholders meeting, annual stockholders meeting …   English contemporary dictionary

  • AGM — AGM,   Abkürzung für angeborener gestaltbildender Mechanismus …   Universal-Lexikon

  • AGM — [ˌeı dʒi: ˈem] n BrE annual general meeting a meeting held once a year by a club, business, or organization for the members to discuss the previous year s business, elect officials etc American Equivalent: annual meeting …   Dictionary of contemporary English

  • AGM — [ ,eı dʒi em ] noun count BRITISH an ANNUAL MEETING …   Usage of the words and phrases in modern English

  • AGM — ► ABBREVIATION ▪ annual general meeting …   English terms dictionary

  • AGM — See Annual General Meeting. Dresdner Kleinwort Wasserstein financial glossary See Annual General Meeting Euroclear Clearing and Settlement glossary Annual General Meeting (AGM) This is the annual shareholder meeting. All companies apart from the… …   Financial and business terms

  • AGM — abbr. annual general meeting. * * * AGM UK [ˌeɪ dʒiː ˈem] US [ˌeɪ dʒi ˈem] noun [countable] [singular AGM plural AGMs] business british Annual General Meeting: a meeting that a business or organization has ever …   Useful english dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”