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Section 21
General Assembly

(1) A general meeting (hereinafter referred to as the annual general meeting) will be held at the head office of the company within ninety days from the date of closing of the company's annual accounts every year after the sale of at least 5 percent of the share capital issued by the company. If at least five percent of the shareholders make a written request or if the committee deems it necessary, the special general meeting of the company will be called at any other time.
(2) The quorum of the general meeting shall not be deemed to be complete unless at least one-third of the shareholders are present in person or by proxy. According to that, when the meeting is convened for the second time without reaching the minimum number of quorum, if one section of the six sections of shareholders is present, it will be considered that the quorum has been reached. However, if the quorum is not reached in the second time as written, the same transaction should be submitted to the Government of Nepal and done according to the procedure.
(3) The shareholders present at the annual general meeting should submit the company's annual accounts and profit and loss accounts, and the auditor's  ……………. They will discuss the things in the report and the report of the committee related to the work of the institute throughout the year. Until the annual general meeting cannot be arranged, those things should be submitted to the government of Nepal.
(4) The number of shareholders equal to the percentage of shares that have been purchased, based on the consensus of each one percent share of the total capital of the company, will be entitled to vote. But,
(a) He will not be allowed to vote for the purchase of shares less than one percent of the total capital of the company (b) If the share percentage is more than one unit, only the lower unit will be allowed to vote until the upper unit is reached.
(5) Shareholders are not allowed to vote in the general assembly meeting without attending or sending a representative.
(6) The decision of the general meeting shall be made by a simple majority of the shareholders present and voting.