Difference between AGM and SGM

SR. NO	ANNUAL GENERAL BODY MEETING	SPECIAL GENERAL BODY MEETING
1	Every society shall within a period of four months after close of the financial year, get its book of accounts audited and within six month after the close of the financial year should call the annual general body meeting of the society as provided under section 75(1) of the MCS act 1960. Before 30th Sept of every year.	A Special general body meeting of the society may be called at any time at the instance of the chairman or by the decision of the majority of the committee. And shall be called within one month of the date of the receipt or requisition in writing signed by at least 1/5th of members of the society or from the registering authority or from housing federation to which the society is affiliated.
2	Meeting Business - The meeting shall transact the business other than mentioned in notice of the meeting. But such other contingency points require permission of the chairman of the meeting.	The meeting shall not transact the business other than mentioned in notice of the meeting.
3	Notice period – 14 clear days Notice with agenda should give to all members.	5 clear days Notice with agenda should give to all members.

What are its similarities?

There process in which any General Meeting is to be conducted does not changes with its type. So you will always see following similarities in prescribed law while conducting an Meeting.

1	Quorum – 2/3rd of the total number of member of the society or 20 whichever is less
2	Chairman of meeting – The chairman of the society shall preside over all general body meeting of the society, provided that if the chairman is absent or if present and is unwilling to preside, the members present may elect a person from among themselves to preside over it.
3	Attendance for the meeting - No Proxy or a power of attorney holder or letter of authority shall be eligible to attend a general body meeting of the society on behalf of a member of the society.
4	Voting rights – One member –One vote – At a GB meeting of the society, every active/primary member of the society and in his/her absence, his/her associate member shall have one vote only. In case of equality of votes, the chairman of the meeting shall have casting vote. If same owner holding more than one flat in society then he will entitled for one vote.
5	Minute’s preparation and circulation – Society MC should finalize GB meeting minutes within 3 months of the date of the meeting & Circulate it to all society members within a 15 day from the date of approval in MC meeting.
6	Holding Adjourned meeting - Ifwithin half an hour after the time appointed for general body meeting of the society there is no quorum, the meeting , if convened upon the requisition of the member shall be dissolved. In any other case, It shall be adjourned to a later hour on the same day and at the same place, as may have been specified in the notice, calling the general body meeting of the society or to a subsequent date not earlier than 7 days and not later than 30 day and at such adjourned general body meeting, the business on the agenda of the original general body meeting shall be transacted, whether there is requisite quorum or not.
7	Passed resolution cancellation– No resolution can be brought at a general body meeting of the society, Cancelling its previous resolution, unless 6 clear months have expired after passing of the previous resolution.
8	Video recording of meeting – It is recommended to do video recording. It will avoid unnecessary friction between society members.

Hence, any agenda conducted in an SGM, other than the agenda specified in the SGM notice in bad at law and null and void.

Allowing other business outside the agenda under garb of silly Arguments like this is a cooperative society and not Parliament are frivolous and don't hold water.

Please note.