General Assembly

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The General Assembly is the highest authority in a company. This is the time when shareholders and executives come together to discuss important issues relating to strategy, finances and long-term goals. It is usually responsible for making decisions about the future of the company, but it can also serve as a forum to inform shareholders about the operation and performance of the company. The General Assembly is an essential part of the management of companies and offers shareholders and managers a platform to discuss and make decisions that will affect the future of the company.

Definition of the General Assembly

A general meeting is a meeting convened by an organization to discuss and make decisions on important issues that affect all members of the organization. General meetings are generally chaired by a president and their decisions are taken by a vote of the members present. It can be an annual general meeting to discuss current business, or an extraordinary meeting to make specific decisions.

Example of General Assembly

A general meeting is a type of meeting that is held by a company to discuss current business and upcoming plans. It is important to understand the process and protocol of the general meeting in order to know one's rights and responsibilities as a shareholder or director. A general meeting is usually held once a year and may include items such as voting on major decisions, presentation of financial statements, management presentations and questions from shareholders.

At a general meeting, shareholders and managers have the right to vote on important matters, ask questions and discuss future plans. As part of the general meeting, shareholders vote in favor or against decisions such as the appointment of new members of the board of directors, the adoption of new rules and the remuneration of executives. Decisions must be voted on by a majority of the shareholders present or represented at the general meeting.

General Assembly steps

Assembly call
Presentation of financial reports
Votes on important decisions
Questions from shareholders and managers
Conclusion of the meeting

When a company is incorporated, it must organize an annual general meeting to keep its shareholders informed and allow it to take important decisions. This meeting is chaired by the Board of Directors and may also be subject to an accounting audit. The meeting must be announced with a certain delay and the shareholders must be informed of the subjects on the agenda.

The preparation and organization of the general meeting are essential. In particular, it must define thesocial object company and make decisions about it. Once the decisions have been made, the general meeting must adopt minutes and take measures to ensure that shareholders are informed of the results.