Which of the following business is not transacted at the Annual General Meeting of the Company?

Appointment of Auditors
Fixation of remuneration of Auditors
Issue of Debentures
Appointment of Directors in place of those retiring

The correct answer is C. Issue of Debentures.

The Annual General Meeting (AGM) is a meeting of the shareholders of a company. It is held at least once a year, and the company’s directors are required to attend. The AGM is an opportunity for shareholders to vote on important matters, such as the appointment of directors, the approval of financial statements, and the election of auditors.

The issue of debentures is not a matter that is transacted at the AGM. Debentures are a type of loan that a company can raise from investors. The terms of the debenture, such as the interest rate and the repayment schedule, are agreed upon between the company and the investors. The issue of debentures is a matter that is decided by the board of directors, and it is not required to be approved by the shareholders.

The other options, A, B, and D, are all matters that are transacted at the AGM. The appointment of auditors is a matter that is required by law. The auditors are responsible for reviewing the company’s financial statements and reporting to the shareholders on their accuracy. The fixation of remuneration of auditors is a matter that is decided by the board of directors, and it is not required to be approved by the shareholders. The appointment of directors in place of those retiring is a matter that is decided by the shareholders. The shareholders vote on the candidates for the board of directors, and the candidates with the most votes are elected to the board.

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