(1) The initial general meeting shall be held within one year of the establishment of the fund. After that, the annual general meeting will be held every year within 6 months of the completion of the financial year.
(2) - According to sub-section (1), at least twenty-one days before the holding of the general meeting, the fund must give notice to all shareholders of the place, date and time of the meeting, along with the agenda of the meeting, and such notice must also be published at least twice in national level daily newspapers.
(3) If ten percent of the total shareholders are present by themselves or by their representatives, representing sixty percent of the total number of shares of the fund, the quorum for the general meeting will be deemed to have been reached. The meeting will not be hindered if at least five shareholders who are present and entitled to attend and vote in the general meeting, representing thirty-three percent of the total number of shares, when the meeting is called the next time after giving seven days' notice.
(4a) In accordance with sub-section (4), when giving the notice that the meeting has been convened for the next time, it can be given through any daily newspaper of the national level and the notice given in that way will be considered as formal notice.
(5) The right to participate and vote in the meeting and other provisions related to the conduct of the meeting shall be as prescribed.