Agm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 October 2012
Our Company is a subsidiary co of New Zealand Co.. All shareholders(directors) are in Nea Zealand. Can AGM be held in New Zealand?
Our company registered office is in Bangalore.
Is it possible to hold an AGM in New Zealand?
Our company registered office is in Bangalore.
Is it possible to hold an AGM in New Zealand?
06 October 2012
No, as per sec 166(2), every AGM shall be called for at any time during business hours, on a day which is not a public holiday and shall be held either at registered office of the company or at any other place within the same city, town or village in which registered office of the company is situated.
However, proviso to sec 166 (2) allows a private co which is not a subsidiary of public co, to fix the place as well as time of its AGM through a members resolution.And such place can be outside India.But in that case approval of CG also required
However, proviso to sec 166 (2) allows a private co which is not a subsidiary of public co, to fix the place as well as time of its AGM through a members resolution.And such place can be outside India.But in that case approval of CG also required
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GSTR9 Annual Return
- Ito add credit side of bank
- Employee secondment
- Gift to nri relatives resides in usa
- Applicability of tax on invoice
- Import of Capital Machine
- Form 144 TDS Return Validation error
- LLP audit and disclosure
- Rent agreement of House of deceased person
- Rectification under processing even after 6 months cpc portal
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
