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Adjournment of agm on account of non availability of a/c's

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2011 1. AGM notice was given asking for adjournment on account of non availability of accounts.

2. Further at the adjourned AGM accounts were not ready.

3. AGM was further adjourned for 3 months.

first adjournment was well within 15 months as stipulated in sec. 166, second adjournment to the same for the cause of non availability of accounts is exceeding 15 months.

pl suggest will it be fine to follow as asked for.

p.s. 1. extension cannot be taken from ROC as this is the case of 2 year back dated filing.

2. this is not the case of first AGM of the Company.

Pl suggest.
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jyoti bhagchandani

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jyoti bhagchandani (Expert)
06 August 2011 company is liable for nt presenting its a/c in agm nd nt filing the same wid roc............while agm can b adj beyond 15 mths
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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2011 Thank you.
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jyoti bhagchandani

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jyoti bhagchandani (Expert)
06 August 2011 welcum dear.........hope it was useful fr u
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