It consists of Founder trustees and the members of A.C.T. (not more than ninety nine members). Annual General meeting of A.C.T. must be held within six months from the close of the financial year.
Interval between any of two Annual General meeting must not be more than fifteen months. The quorum for the Annual General Body Meeting is 1/3rd of the total members or ten members physically present whichever is less. A member can appoint proxy to represent himself in the Annual General Meeting or Extra-ordinary General Meeting. Proxies will have the right to vote on a resolution and shall not participate in the discussions of the meeting.
Extra-ordinary General Meeting may be held,
- By the resolutions of the Board of Trustees
OR
- Upon request from atleast l/3rd of the total number of members of A.C.T. The
Board of Trustees shall call the requisition meeting within thirty days of the receipt of requisition. The requisition must specify the business to be transacted in the Extra-ordinary General Meeting. Twenty-one days notice is required to call Annual General Meeting. However, if desired by the Trustees, a shorter notice not less than seven days may be sufficient.
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