Under Section 237(1) of the Companies and Allied Matters Act (CAMA) 2020, what is the maximum permissible time interval that must elapse between the date of one Annual General Meeting (AGM) and the next for an existing public limited company?

Section 237(1) of CAMA 2020 stipulates that every public company shall hold an Annual General Meeting each year, provided that not more than 15 months shall elapse between the date of one AGM and the next. The 18-month rule applies only to the company's first AGM following incorporation.