Dear members,
Can first AGM of the Company be held at shorter notice. However as per section 136 THE FINANCIAL STATEMENT needs to be circulated atleast 21 days before. It seems from that it can not be held. Pls guide on the issue urgently
NEHA MISHRA (ACS) (111 Points)
27 September 2014Dear members,
Can first AGM of the Company be held at shorter notice. However as per section 136 THE FINANCIAL STATEMENT needs to be circulated atleast 21 days before. It seems from that it can not be held. Pls guide on the issue urgently
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 27 September 2014
Yes, even first AGM can be held at short notice with approval of members. However, there is no provision in the Act for short consent for circulation of financials u/s 136. Similar position was there under 1956 Act. There was no provision for short consent u/s 219 of 1956 Act regarding circulation of financials before 21 days of meeting.
Chetan Patankar
(Company Secretary)
(269 Points)
Replied 29 September 2014
Agree.
Circulate Accounts 21 days prior to AGM and conduct AGM on shorter notice with the consent of the members
Karan Shah
(Trainee)
(22 Points)
Replied 21 September 2017
Can a company appoint Statutory Auditor of the company by issuing shorter notice of AGM.
Law Aspire
(CS)
(755 Points)
Replied 11 January 2018
| Originally posted by : NEHA MISHRA | ||
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Dear members, Can first AGM of the Company be held at shorter notice. However as per section 136 THE FINANCIAL STATEMENT needs to be circulated atleast 21 days before. It seems from that it can not be held. Pls guide on the issue urgently |
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every AGM can be held on shorter Notice?
CAclubindia
