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Discussion > Corporate Law > Meetings >

Non holding of agm

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officer

[ Scorecard : 36] 		Posted On 26 February 2012 at 14:41 Report Abuse

X was appointed as additional director in Feb 2011 and Agm was due by sep 2011. agm was not conducted. now company is planning AGM in Marcg 2012. pls advise legal implication for the company.

Ajay Mishra
Company Secretary

[ Scorecard : 43524] 		Posted On 26 February 2012 at 16:58

 

Hi

 

X is appointed as additional director to hold office till the AGM, but you can regularize him before the AGM at any general meeting. If you are conducting AGM for regularization then there is no need, only call a simple general Meeting.

 

 

Regards


Anupama
Articled assisstant

[ Scorecard : 26] 		Posted On 04 December 2012 at 14:23

Sir,

What are the implications in case meetings are not being conducted, but only minutes are being maintained just for compliance with the law?

 

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