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Company Incorporated on 27.02.13. Books closed on 31.03.14 What would be the due date for AGM. Whether withing 18 months of Incorporation or 9 months as per new Act.

Shareholders Meeting

Posted By: Zaeem 10 year(s) ago

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sannidhi

As per my reading of the law, we should go by the New Act (Section 96) which provides for 9 months from the end of the financial year. Also, when we try filing the form, may be it will show an error in case the new law does not apply.

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VenkadasalamV

Sir, From the above said note I presume that your company did not conduct any AGM, for the financial year 31/3/13 and you are going to conduct AGM first time for the financial year 31/3/14, and you can conduct AGM within 9 months from 31/3/14 as per section 96 of the Companies Act 2013. VENKADASALAMV. Advocate & Corporate adviser

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Akansha

In this case company need to comply Companies Act, 1956 as caused arise before commencement of new Act. Hence 1st AGM can be held within 18 months from the date of its incorporation.

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