ExpertEasy2 marksMultiple Choice
Syllabus F: Management, administration and the regulation of companiesSection ACorporate and Business Law
ACCA · Question 19 · Syllabus F: Management, administration and the regulation of companies
What is the minimum notice period required to call an Annual General Meeting (AGM) for a public limited company (plc), assuming no special provisions apply?
What is the minimum notice period required to call an Annual General Meeting (AGM) for a public limited company (plc), assuming no special provisions apply?
Answer options:
A.
14 days
B.
21 days
C.
28 days
D.
10 days
How to approach this question
Recall the statutory notice periods for different types of company meetings.
Full Answer
B.21 days✓ Correct
Section 307 of the Companies Act 2006 stipulates that an Annual General Meeting (AGM) of a public company must be called by notice of at least 21 days. Other general meetings generally require 14 days' notice.
Common mistakes
Confusing the 21-day AGM notice period with the 14-day general meeting notice period.
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