ABSTRACT
Section 366 of the Companies Act 1985 provides that every company must hold an annual general meeting once in every calendar year and the meeting must be specified as an annual general meeting. The first annual general meeting must be held within 18 months of the company’s incorporation (s 366(2)). There can be no more than 15 months between successive annual general meetings. This provision is to prevent companies from going almost two years between annual general meetings which they could otherwise do.
