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Citedby 145 docs - [View All]
Laljibhai C. Kapadia vs Lalji B. Desai on 27 July, 1971
Laljibhai C. Kapadia And Anr. vs Lalji B. Desai And Ors. on 27 July, 1971
In Re: Khandelwal Udyog Ltd. And ... vs Unknown on 13 August, 1976
In Re: Mafatlal Industries Ltd. vs Unknown on 14 November, 1994
V.G. Balasundaram And Others vs New Theatres Carnatic Talkies ... on 12 December, 1991

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[Complete Act]
Central Government Act
Section 173 in The Companies Act, 1956
173. Explanatory statement to be annexed to notice.
(1) For the purposes of this section,--
(a) in the case of an annual general meeting, all business to be transacted at the meeting shall be deemed special, with the exception of business relating to (i) the consideration of the accounts, balance sheet and the reports of the Board of directors and auditors, (ii) the declaration of a dividend, (iii) the appointment of directors in the place of those retiring, and (iv) the appointment of, and the fixing of the remuneration of, the auditors; and
(b) in the case of any other meeting, all business shall be deemed special.
1. Ins. by Act 65 of 1960, s. 45.
(2) Where any items of business to be transacted at the meeting are deemed to be special as aforesaid, there shall be annexed to the notice of the meeting a statement setting out all material facts concerning each such item of business, including in particular 1 the nature of the concern or interest], if any, therein, of every director, the managing agent, if any, the secretaries and treasurers, if any, and the manager, if any: 2 Provided that where any item of special business as aforesaid to be transacted at a meeting of the company relates to, or affects, any other company, the extent of shareholding interest in that other company of every director, the managing agent, if any, the secretaries and treasurers, if any, and the manager, if any, of the first- mentioned company shall also be set out in the statement if the extent of such shareholding interest is not less than twenty per cent. of the paid- up share capital of that other company.]
(3) Where any item of business consists of the according of approval to any document by the meeting, the time and place where the document can be inspected shall be specified in the statement aforesaid.