Case studies

"While we began looking at LexisNexis products primarily for cost saving, it quickly became more about customer service, ease of onboarding, ongoing training and breadth of resources available."

Co-Op

Access all 2 documents on Annual general meeting (Commercial)

GET ACCESS NOW

GLOSSARY

Annual general meeting (Commercial) definition

Published by a LexisNexis Commercial expert

What does Annual general meeting (Commercial) mean?

This is a general meeting which is required under the Companies Act 2006 to be held annually by public companies and private companies that are traded companies.

Private companies which are not traded companies are not obliged to hold annual general meetings.

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

Calling a general meeting (including an AGM)

This Practice Note summarises the law in relation to calling a general meeting of a private company limited by shares or a public company limited by shares. It is also suitable for companies with equity shares listed on the Main Market of the London Stock Exchange and companies with equity shares admitted to AIM.A general meeting of the members of a company can be called and held at any point, and any number of times, in a year in order for the members to pass resolutions to carry out certain changes or approve certain actions. Detailed requirements as regards the convening and holding of a general meeting are set out in the Companies Act 2006 (CA 2006). A company must also comply with any requirements in its articles of association in relation to convening general meetings.For details on the notice requirements for a general meeting of:•a private or unlisted public company, see Practice Note: General meetings—notice requirements for private and unlisted public companies•a listed company or an AIM company, see...

Discover our 1 Practice Notes on Annual general meeting (Commercial)

[340B Traded companies: expenses of circulating members' matters to be dealt with at AGM]

[(1) The expenses of the company in complying with section 340A need not be paid by the members who requested the inclusion of the matter in the business to be dealt with at the annual general meeting if requests sufficient to require the company to include the matter are received before the end of the financial year preceding the meeting.(2) Otherwise—(a) the expenses of the company in complying with that section must be paid by the members who requested the inclusion of the matter

Annual general meeting (Commercial) is referenced 1 in UK Parliament Acts