Ordinary Business definition

Ordinary Business means business to be transacted at an Annual General Meeting relating to (i) the consideration of financial statements, consolidated financial statements, if any, and the reports of the Board of Directors and Auditors; (ii) the declaration of any dividend; (iii) the appointment of Directors in the place of those retiring; and (iv) the appointment or ratification thereof and fixing of remuneration of the Auditors.
Ordinary Business means: (i) consideration and approval of the Minutes of the last Annual General Meeting and any subsequent Special Meetings; (ii) receipt and consideration of the most recent financial statements of the Corporation and Public Accountant’s report; (iii) the election of Directors; (iv) the appointment of the Public Accountant for the ensuing year; (v) determination of the remuneration of the Public Accountant for the ensuing year;
Ordinary Business means business ordinarily conducted at an Annual General Meeting.

Examples of Ordinary Business in a sentence

  • Save and except the above, none of the Directors / Key Managerial Personnel of the Company / their relatives are, in any way, concerned or interested, financially or otherwise, in the Ordinary Business set out under Item Nos.

  • Ordinary Business Income (Loss)The amount reported in box 1 is your share of the ordinary income (loss) from trade or business activities of the corporation.

  • Ordinary Business Income (Loss)The amount reported in box 1 is your share of the ordinary income (loss) from trade or business activities of the partnership.Generally, where you report this amount on Form 1040 depends on whether the amount is from an activity that is a passive activity to you.

  • SO 1833(E) dated 7th May, 2018 issued by the Ministry of Corporate Affairs and accordingly, the item has not been included in the Ordinary Business of this AGM Notice.

  • The quorum requirements for the conduct of Ordinary Business and Special Business are set out under Article 17 of the Articles.


More Definitions of Ordinary Business

Ordinary Business means the provision of library service to Councils determined by the Board that is not considered by the Board to be an Additional Service or a Special Project;
Ordinary Business means business to be transacted at an Annual General Meeting relating to (i) the consideration of financial statements, consolidated financial statements, if any, and the reports of the Board of Directors and Auditors;
Ordinary Business means life insurance business other than superannuation business and general insurance;
Ordinary Business means the ordinary items of business transacted at an AGM as per Section 10.4.
Ordinary Business in relation to a meeting of the members, means the transaction of any business mentioned in Part Three of Schedule 2 of this Agreement;
Ordinary Business means any business of