Which type of meeting is specifically for urgent issues?

The correct answer is the type of meeting designated for urgent issues, which is the Extraordinary General Meeting (EGM). An EGM is convened to address pressing matters that cannot wait until the next scheduled Annual General Meeting (AGM). This may include situations like a sudden financial crisis, a major corporate decision that requires shareholder input, or urgent changes in governance or structure that demand immediate attention.

Other types of meetings, such as the Annual General Meeting, are typically held on a regular schedule to discuss formal updates, conduct elections, and present audited accounts. An Ad Hoc Meeting is called for specific issues but does not inherently imply urgency; it focuses on particular topics as they arise but is not necessarily time-sensitive. A Board Meeting involves discussions among the company’s directors but, like the AGM, follows a more structured agenda and schedule, which might not prioritize urgent matters unless specifically stated. Thus, the EGM is specifically structured to address urgent issues effectively and efficiently.