The highest authority of the joint-stock company carrying out the most important decisions.
A body through which shareholder applies his rights. The General Meeting shall meet at intervals determined by the statutes, collective agreement or charter, at least once a year, up to six months after the end of the previous accounting period. It must be duly convened, shall be a quorum. Regular - Annual General Meeting:
- Decides on the annual financial statements, on how to deal with profit or loss
- Evaluates the activities of the bodies
- Discusses the annual report on the activities of OJSC and its Assets
An extraordinary general meeting may be summoned by a statutory body (committee, board of directors) or by minority shareholders if necessary. Attended by members of the company - the shareholders.