statutory meeting
noun[C]
ukusLAW
the firstmeetingof theshareholdersof apubliclimitedcompany, which must takeplacewithin aparticulartimeafter it isformed
Examplesofstatutory meeting
statutory meeting
I have noticed that when a private company is converted into a public company, it does not hold astatutorymeeting.
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There is a strong feeling that dispensing with thestatutorymeetingcan only be justified when the cost would otherwise fall on the taxpayer.
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Thestatutorymeetingon the rate support grant settlement took place today with the consultative council on local government finance.
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Is he aware that the information regarding the nextstatutorymeetingis well known?
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Nor could the expression "call" be interpreted as meaning some unexpressed intention to hold astatutorymeetingat some undetermined, future date.
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This sets out the procedures which will apply whenever the accountant in bankruptcy is appointed interim trustee and he is considering calling astatutorymeetingof creditors.
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Astatutorymeetingwas called and told.
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He had intended to speak this afternoon, but he has been called away to astatutorymeetingand he may not be able to get back in time to speak.
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The village council holds its statutory meetings on a quarterly basis.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Those reasons could be challenged and tested by the assembly in its normal procedures and in its regular statutory meetings with the mayor and others.
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.