General Assembly
Guided with wisdom
General Assembly (GA) is the representative body of all members of the IILM. The GA is responsible for the approvals of, amongst others, the final audited accounts; the proposal to increase the authorised capital, the appointment of the external auditor and amendment of the Articles of Agreement (AOA).
Primary objectives
- 1
To review and approve the final audited accounts of the IILM
- 2
To review and approve the proposal to increase the authorised capital
- 3
To approve the appointment of the external auditor of the IILM
- 4
To discuss issues relating to the objectives and functions of the IILM;
- 5
To decide on suspension or termination of the operations of the IILM and the distribution of its assets
- 6
To approve the reserves and the distribution of the net income and surplus of the IILM as proposed by the Governing Board
- 7
To amend the Articles of Agreement on the proposal by the Governing Board
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