Question
Explain the company's primary meeting and report.

Answer

According to the provision of the company, public and private company, after obtaining the registration certificate of the business, it is compulsory to convene a legitimate primary meeting and it is compulsory to submit a preliminary report to the company registrar. If the company is involved in this matter, then the company registrar or company shareholder will comply with the company can apply for liquidation. The company's shareholders and other beneficiaries may apply for compulsory liquidation of the company within 14 days after the date of the meeting that is not called by the company till the last date for which the company's primary meeting is to be called. The approval of the Central Government for registering the same kind of application. And if the court seems right, then the company can order the liquidation to take place.

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