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An AGM must be held by every type of company once a year and there shall not be a gap of more than 15 months between two AGMs. However, the first AGM of a company may be held at any time within 18 months from the date of its incorporation.

The AGM must be held on a working day during business hours. If any day is declared by the central government to be a public holiday after the issue of the notice convening such meeting, such a day will be treated as a working day.

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