Question

Which of the following statements in respect of extraordinary general meetings (EG

  • M is INCORRECT?
A Shareholders holding at least one-tenth of the paid-up share capital or voting rights can require the Board of Directors to call an EGM.
B An EGM can be called by the Board of Directors.
C The National Company Law Tribunal can order the Board to call an EGM.
D Holders of secured debentures issued by the company can require the Board of Directors to call an EGM.
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