extraordinary general meeting

extraordinary general meeting
(EGM)
Any meeting of the shareholders other than an annual general meeting. The length of notice depends on the nature of the resolutions being put to the meeting.

Easyform Glossary of Law Terms. — UK law terms.


extraordinary general meeting
a meeting of the members of a company that is specially arranged. Such meetings can be convened by the directors whenever they think it proper and in certain circumstances by the members themselves (subject to the conditions contained in Section 368 of the Companies Act 1985, which overrides any regulations of the company). Only special business can be conducted at such meetings.

Collins dictionary of law. . 2001.

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