Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of the board of directors.
Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of the board of directors.
Occasionally, special meetings need to be called because of an urgent or special matter. ing to Robert's Rules of Order, special meetings always require previous notice. Here are a few valid reasons for calling a special meeting: An urgent matter needs to be dealt with before the next regular meeting.
Companies may need to call special meetings from time to time to vote on specific issues. For example, they could call a special meeting to decide on proposed changes to a company's constitution or to alter shareholders' rights. Shareholders and directors can attend these meetings.
An extraordinary general meeting (EGM) is a company shareholder meeting that's not its scheduled annual general meeting (AGM). An EGM is also called a special general meeting or emergency general meeting.
An SGM is any general meeting (all owners are invited) of the owners corporation that is not an AGM. The purpose of an SGM is to deal with one or more specific items, that cannot be addressed by the committee, and cannot wait until the next AGM.
In contrast, a special board meeting is a meeting that is not scheduled well in advance and is called by someone – authorized either under the law or the organization's bylaws – for a special purpose.