(Continuation news of PROGRESLIF): which are yet to be resolved. Due to this reason, the Company could not hold any general meeting as its annual general meeting since 2013 in accordance with Section 81 of the Companies Act, 1994. With the approval of the Court, the Company has held its 14th, 15th and 16th AGMs for the years 2013, 2014 and 2015 respectively on 12 September 2019.g) As disclosed in note 4.08 to the financial statements that, a legal proceeding is running in (cont. 20)