An Extraordinary General Meeting (EGM) is held to handle pressing issues requiring immediate action before the next Annual General Meeting (AGM). These meetings are essential for deciding on specific items such as corporate mergers or changes to the company's bylaws.
| List-I (Reasons) | List-II (Examples) |
|---|---|
| (A) Contract contingent on marriage | (I) A and B contract to marry each other. Before the marriage, A goes mad. |
| (B) Repudiation of a voidable contract | (II) A agrees to sell B 100 bags of wheat. Before delivery, the government bans private trading. |
| (C) Supervening impossibility | (III) A contracts to give a loan if B marries C. C dies unmarried. |
| (D) Subsequent illegality | (IV) A forces B to sell his car worth 15,00,000 for 5,00,000. B rescinds the contract. |