ExpertEasy2 marksMultiple Choice
ACCA · Question 20 · Corporate and Business Law
What is the standard minimum notice period required to call a general meeting for a private limited company under the Companies Act 2006?
What is the standard minimum notice period required to call a general meeting for a private limited company under the Companies Act 2006?
Answer options:
A.
7 days
B.
14 days
C.
21 days
D.
28 days
How to approach this question
Recall the statutory notice periods for company meetings under the Companies Act 2006.
Full Answer
B.14 days✓ Correct
Under Section 307 of the Companies Act 2006, the standard minimum notice period for a general meeting of a private limited company is 14 days. (Note: Public company AGMs require 21 days).
Common mistakes
Confusing the 14-day rule for private companies with the 21-day rule for public company AGMs.
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