Punjab National Bank (PNB) shareholders will today gather for its 17th annual general meeting (AGM). However, there is something amiss about this AGM. It is happening more than a month and a half after the last date mandated by law for conducting such meetings.According to provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/ 80 (‘Nationalisation Act’), the
Some Features are not available in your region.
You have limited access to archive
You are currently on the quarterly membership plan which gives you access to 3 months of archives.This story is older than 3 months.
GO TO HOMEPAGE
Why Subscribe?
Insight-rich storytelling you won't find elsewhere by the finest team of business writers
Great conversations among an elite community of opinion leaders
A great reading experience across all your devices
Exclusive access to members-only events
not be adjourned but business of the meeting shall be commenced within one hour from the time appointed for the meeting if the quorum is present or immediately after the expiry of one hour from that time and those shareholders who are present in person or by proxy or by duly authorised representative at such time shall form the quorum.
Punjab National Bank (PNB) shareholders will today gather for its 17th annual general meeting (AGM). However, there is something amiss about this AGM. It is happening more than a month and a half after the last date mandated by law for conducting such meetings.According to provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/ 80 (‘Nationalisation Act’), the
Read the full article now
Become a member
Why Subscribe?
Insight-rich storytelling you won't find elsewhere by the finest team of business writers
Great conversations among an elite community of opinion leaders
A great reading experience across all your devices
Exclusive access to members-only events
not be adjourned but business of the meeting shall be commenced within one hour from the time appointed for the meeting if the quorum is present or immediately after the expiry of one hour from that time and those shareholders who are present in person or by proxy or by duly authorised representative at such time shall form the quorum.