AGM

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This discussion clarifies the deadline for a company's first Annual General Meeting (AGM), which is typically six months after the financial year-end. It also addresses the penalties for non-compliance with MCA formalities from the date of incorporation. Importantly, it highlights the Company Fresh Start Scheme, offering an opportunity to file outstanding annual returns without harsh penalties.

RITESH BAMNOTE

RITESH BAMNOTE (Querist)

09 July 2020 Company incorporation date : 28/11/2018.
1) 1st AGM due date as per companies act ? Extension available?
2) what are the consequences if MCA formalities not done by company till date from date of incorporation.

c.bakshi

c.bakshi (Expert)

10 July 2020 28/11/2020 yet to come.
in case of non-compliances, penalties under Companies Act, 2013 will be leviable. if your company incorporates on 28/11/2019 then last date is 31/12/2020 for first AGM

RITESH BAMNOTE

RITESH BAMNOTE (Querist)

10 July 2020 Sorry it is 28.11.2018

c.bakshi

c.bakshi (Expert)

10 July 2020 YOU HAVE AN OPPORTUNITY TO FILE YOUR ANNUAL FILING WITHOUT ANY HARSH PENALTIES.

Devershi Gupta

Devershi Gupta (Expert)

14 July 2020 Company Fresh Start Scheme is effective right now. You can file a lot of forms without additional fee (late fee). For more information you can contact through WhatsApp (Eight One Seven One Zero Nine Zero One Two Eight).

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