EGM Full Form In English
EGM represents Extraordinary General Meeting, which is a special type of company meeting conducted when there are urgent matters that cannot wait for the Annual General Meeting (AGM). In corporate governance, certain decisions require shareholder approval — and when a company needs immediate action such as approval for mergers, changes in the company’s capital structure, removal of directors, urgent resolutions or any emergency business issue — an EGM is called.
An Extraordinary General Meeting can be called by the Board of Directors, shareholders holding a specific percentage of share capital, or by members as per the rules of the Company Act. Unlike the AGM which happens once a year, an EGM can be conducted anytime during the financial year. Companies use EGM to ensure transparency, shareholder rights, and decision-making power in critical conditions. It is an essential part of corporate decision structure and governance.
EGM Full Form In Hindi
EGM का फुल फॉर्म Extraordinary General Meeting होता है, जिसे हिंदी में असाधारण साधारण बैठक कहा जाता है। यह एक विशेष प्रकार की बैठक है जो किसी कंपनी, संस्था या संगठन द्वारा तब आयोजित की जाती है जब कोई ऐसा जरूरी निर्णय लेना हो जो अगले Annual General Meeting (AGM) तक इंतजार नहीं कर सकता। कंपनी एक्ट के अनुसार कई महत्वपूर्ण मामलों में शेयरहोल्डर्स की मंजूरी आवश्यक होती है, और ऐसे मामलों में कंपनी बोर्ड या शेयरहोल्डर्स EGM बुला सकते हैं। EGM का मुख्य उद्देश्य है तत्काल महत्वपूर्ण मामलों पर चर्चा करना और शेयरहोल्डर्स की वोटिंग के माध्यम से निर्णय लेना। यह कंपनी की पारदर्शिता, जवाबदेही और सही समय पर निर्णय सुनिश्चित करने का एक महत्वपूर्ण हिस्सा है। चाहे कंपनी कोई बड़ा निवेश करना चाहे, पद में परिवर्तन करना चाहे, या किसी आपात या विशेष प्रस्ताव को पास करना चाहे — ऐसे सभी मामलों में EGM आयोजित की जाती है।
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Frequently Asked Questions
What is the full form of EGM?
The full form of EGM is Extraordinary General Meeting.
Why is an EGM conducted?
EGM is conducted to discuss and approve urgent company matters that cannot wait for the Annual General Meeting.
Who can call an EGM?
An EGM can be called by the Board of Directors or shareholders as per rules of the Companies Act.
Is EGM compulsory every year?
No, EGM is not compulsory every year. It is held only when needed for urgent issues.
Is EGM and AGM the same?
No, AGM is held once a year, while EGM can be held anytime for special or urgent matters.
Are shareholders required to attend the EGM?
Yes, shareholders are invited and have the right to attend and vote in the EGM.
Can resolutions be passed in an EGM?
Yes, special and urgent resolutions can be passed in an EGM through voting.
Conclusion
EGM, or Extraordinary General Meeting, is an important corporate event that helps a company take quick decisions on urgent matters that cannot wait for the next Annual General Meeting. It ensures shareholder participation, transparency, and timely approval of special resolutions. Therefore, EGM plays a major role in corporate governance and decision-making.
