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The Road Transport Corporation Ordinance, 1961 (East Pakistan Ordinance)

( Ordinance NO. VII OF 1961 )

General meeting
24. (1) In the first week of September every year, or as soon thereafter as is convenient, a general meeting shall be held annually at such time as may be determined by the Chairman; and at the meeting the Corporation shall submit to the share holders a balance sheet and statement of profit and loss of the Corporation made up to the preceding thirtieth day of June together with the Auditors' report on the annual balance sheet and accounts.
(2) Every share holder shall be entitled to attend such general meeting and each share holder who has been registered as such for a period of not less than three months prior to the date of such meeting shall, when present in person, be entitled to a vote, and to an additional vote for every additional ten shares:
Provided that no share holder shall be entitled to vote at any meeting unless all calls or other sums presently payable by him in respect of shares of the Corporation have been paid.
(3) On a poll, votes may be given either personally or by proxy.

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