Engro Ltd issued a notice for holding its Annual General Meeting on 7th November 2018. The notice was posted to the members on 16th October 2018. Some members of the company allege that the company had not complied with the provisions of the Companies Act 2017/Companies ordinance 1984 provisions, with regard to the period of notice. Decide whether the meeting shall be called valid or not and explain your answer.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Engro Ltd issued a notice for holding its Annual General Meeting on 7th November 2018. The notice was posted to the members on 16th October 2018. Some members of the company allege that the company had not complied with the provisions of the Companies Act 2017/Companies ordinance 1984 provisions, with regard to the period of notice. Decide whether the meeting shall be called valid or not and explain your answer.

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