When must we hold the annual meetings? | ScriptaLegal
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Frequently asked questions > Company > Business Corporation > When must we hold the annual meetings?

When must we hold the annual meetings?

In Quebec, the annual meeting of shareholders must be held within eighteen months from the constitution of the business corporation and subsequently, within fifteen months following the last preceding annual meeting. Failure to hold this annual meeting for at least two consecutive years can lead to a judicial dissolution of the business corporation.

In Canada, the annual meeting of shareholders must be held within eighteen months from the creation of the business corporation and subsequently, within fifteen months following the last preceding annual meeting but no later than six months after the end of each fiscal year. Failure to hold this annual meeting for at least two consecutive years can lead to a judicial dissolution of the business corporation.

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