Distinguish between the following: Annual General Meeting and Extra-ordinary General Meeting.

Distinguish between Annual General Meeting and Extra-ordinary General Meeting Annual General Meeting: Every company shall hold its first Annual General Meeting (AGM) within nine months from the date of closing of the first financial year of the company and thereafter in each Calendar Year within six months of the close of the financial year with an interval of not more than fifteen months between two successive AGM. The aforesaid period of six months or interval of fifteen months may be extended by a period not exceeding three months with the prior approval of the Registrar of Companies, in case of any AGM other than the first AGM. If a company holds its first AGM, as aforesaid, it shall not be necessary for the company to hold any AGM in the Calendar Year of its incorporation. Extra - Ordinary General Meeting: Extra-ordinary General Meeting may be held as and when required between two consecutive Annual General Meetings. Items of business other than ordinary Business may be considered at an Extra-Ordinary General meeting. The Board may, whenever it deems fit, call an extraordinary general meeting of the company. Further, the Board shall, at the requisition made by:- (a) in the case of a company having a share capital, such number of members who hold, on the date of the receipt of the requisition, not less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting; (b) in the case of a company not having a share capital, such number of members who have, on the date of receipt of the requisition, not less than one-tenth of the total voting power of all the members having on the said date a right to vote, call an extraordinary general meeting of the company within the period specified in section 100(4).