The board meeting is a formal meeting of the board of directors of a company which is held at intervals to discuss the issues and policy of the company.
Public company or private company whether limited by shares or not or limited by guarantee or not or unlimited company is required to hold an annual general meeting for the following purposes: Annual general meetings are held to conduct the business on behalf of the company.
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Every One Person Company is mandatorily required to get audited books of accounts to give the true and fair view of the company and also under an obligation to appoint a chartered accountant as an auditor for auditing the books of accounts.