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What is Statutory meeting?



Statutory meeting; is governed by section 113(1) of the Companies Act, Cap. 212, it is the 1st General meeting of the company incorporated as Company Limited by shares or Company Limited by guarantee having share capital. It must be held within 1 month or not more than 3 months from the date at which the company is entitle to commence business. Before holding such meeting the company must issue every member a statutory report at least within 14 days.

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