Due date of AGM extended by 2 months



Quick Summary
The Ministry has announced a two-month extension for the Annual General Meeting (AGM) due date. This extension applies specifically to companies whose AGM deadline was originally set for 30th September 2021. The extended period is calculated based on Section 96(1) of the Companies Act, ensuring no more than a 15-month gap between AGMs. Importantly, no separate application via Form GNL-1 is required for this extension, and it covers pending, rejected, and partially approved GNL-1 applications.

Finally, the update for which we all were waiting is here. The Ministry has released an Office Memorandum on 23rd September, 2021 regarding the extension of due date of AGM by 2 months. Accordingly, the MCA has advised the ROCs to release order for their respective jurisdictions, providing for exten
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About the Author

PCS at Tanveer Saluja & Associates

Practicing Company Secretary at Tanveer Saluja Associates

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