Kathmandu. The second annual general meeting of Guardian Micro Life Insurance has been concluded. The meeting was held at Hotel Airport in Biratnagar.
The meeting has approved a special resolution to give full authority to the board of directors to proceed with the entire process of merging, merging or acquiring any other insurance company, if necessary.
The meeting has passed another special resolution to give authority to the board of directors to act in this regard if there is a directive from the regulatory body to increase the authorized capital, issued capital and paid-up capital of the company. The meeting has approved a special proposal to amend the company’s articles of association and memorandum of association.
The meeting has approved the annual and auditor’s reports for the last fiscal year 2080.81 and has also approved the proposal regarding the appointment of the auditor and the determination of his remuneration for the current fiscal year 2081.82. The meeting has elected two directors from the general public.
The meeting has approved the meeting allowance, daily travel allowance and other service facilities and expenses incurred under social responsibility of the directors.
