p?AF,T.VIII UTTAR PRADESH GAZETTE, JUNE 25, 1955 243 or jointly with another, loithwitb upon c "-ding to be qualified to be so registered to give iatmjatiu-i thereof to ohe Board. has ceased to be so qualified t.,^ upon beiivi ^alisjjed tli.it a.nv person has cej._.-d to bs b-j qualified it shall inform hru and. where such fahareliuiii^r IjoI'-Is- .--I^res jointly \vith (mother, e.ioh of the joint shai'd-iioltiej".,, tb^u ii'j is :io longer entitled CM be u shareholder of the Corporation. Such A bhoreholder \rJl not 03 further entitled to the payment of any dividend on airy suuh shares nor to exercise any rights as a shareholder otherwise thfui for the purpose of the transfer of t,uch ehi-rcs, and the Corpoiation shall make an entry in the register to that effect. (iii) Where the Board fjidti that a person vrho Ls not quah'fieJ to be a shareholder of the Corporation is re^istsred by inadvertence or otherwise, as a shareholder of the Corpor.itioii ("whether alone or jointly with another), it s^all inform the shareholder find in the caae of joint-holdings, tach joint-liolder, that he ib not entitled to the payment of any dividend on w,ny such shares nor to exrrcise any of the rights of a shareholder otherwise than for the purpose of the transfer of such shares, and shall make an entry in the register to that effect. (iv) A determination of the Board under this regulation as to whether a person is qualified to be a share-Judder or not shall be conolsive. CHAPTER III—JiIjsi,nKG 03 t.E^rrH'jLi*ir.fc 21. Cnamnan ol meeting—In this chapter the \rord kt chairman/' means the " Chairman " of a meelring under regulation 27. 22. Annual Genera! Seating—The Annual General lUeetiiig of the Corporation shall bo held at the plr.ce where the Read Office of clie Corporation is RituaLe. or if so directed by the Board, at such other place within the fotrAe where there is a branch of the Corpoiation Each Annual General Meeting shall be held vathm two months from the date on which uhc annual accounts of the Corporation are closed. 23. Special General Sleeting—(i) The Bcn.u may convene- a Special General Mooting at suen unie and plac^ a^s ma/ be decided by the Board. (ii) When it is necessary to hold a general meeting (other than the Annual General Meeting) for the purpose of holding an election such meeting shall be convened under the direction of the Board by the Managing Director or in his absence by any other officer cf the Cor- poration authorized by the Board in this behalf. 24. Notice convening a general meeting—A notice convening a general meeting signed by the Managing Director or the Secret ary of the Corporation shall be sent to every registered shareholder find published at least twenty-one days before the meeting in the Oiftoiai Gazette and in one newspaper circulating in Uttar Pradesh. 25. Business at general meetings—(i) At the Annual General Meeting the following business shall be i-ransacted namely: (a) The annual accounts of the Corporation including reo?ipi> a,nd expenditure accounts, the profit and loss account, and th • balance-sheet for the year ending the 31st- March, togeth-r with a report by the Board on the working of the Corporation throughout the year and the Auditor's Report (s) on the said balance-sheet and accounts shall be read and considered. (6) The eboiion of the Auditor and the election, if any, of the Directors under the Act shall be held. (ii) No other business shall be transacted, or discussed, except •with the consent of the Chairman or unless not less than j&ve weeks* notice has been given of the same By the State Government, or the Reserve Bank or by at least ten shareholders qualified to vote at such meeting out of the remaining classes, Such, notice shall take the form af a definite resolution to be put to the meeting and shall be included in the notice of the meeting.