In Quebec , the annual meeting of eligible voting shareholders must be held within eighteen months of the incorporation of the corporation and subsequently within fifteen months of the previous annual meeting.
In Canada , the annual meeting of eligible voting shareholders must be held within eighteen months of the incorporation of the corporation and thereafter within fifteen months of the previous annual meeting but no later than six months after the end of each financial year.
However, in both Canada and Quebec , this shareholders' meeting after the deadline may be approved by the , but only to the extent that the company is still in existence; indeed, failure to hold this meeting for at least two consecutive years may result in the dissolution of the company by the authorities