Third Annual General Meeting of ABC Limited was held on 28th September

Question 14
Third Annual General Meeting of ABC Limited was held on 28th September, 2007.
Several business was transacted at the meeting including the adoption of annual accounts
for the year ended 31st March, 2007. The meeting was attended by 30 members in person
and 5 members in proxy. Draft the minutes of the Annual General meeting indicating how
shall the adoption of accounts being one of the business transacted at' the meeting, be
recorded. (November-2007)
Answer
Minutes of 3rd Annual General Meeting of the shareholders of ABC Ltd held at ...at p.m.
on 28th September, 2007.
Present
1. 30 members in proxy.
2. .................. Director
3. ...................Chartered Accountant
4. ...................Secretary.
Mr. ..................., Chairman took the chair, in accordance with articles of the company.
The quorum being present, chairman called the meeting to order. The notice convening
the meeting was read by the Secretary. The auditors report was read by the Secretary.
Adoption of Accounts
The Chairman then invited queries from the members present on Directors report,
accounts and auditor and auditors, report, but there was no query. Thereafter, the
Chairmen proposed the following resolution which was recoded by..............
“Resolved that the Directors' Report audited balance sheet as on 31st March, 2007 and
profit and loss account for the year ended 31st March, 2007 and auditors report thereon
be the same are hereby received, considered and adopted.
Carried unanimously_________________
The meeting conducted ed with a vote of thanks to the Chair.
Dated ………….2007