Agm and audit of books

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Guest

Guest (Querist)

09 December 2012 Client has extended financial year.

the due date for convening of AGM is approaching. Audit is also not complete.

What should be done to comply with law and buy time in this case

Ajay Mishra

Ajay Mishra (Expert)
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10 December 2012 Hi

The client can extend the financial year, only with the permission of ROC and for this he should make application for extention for AGM for adopting the Annual Account.

You should make application for extention, if the due date of AGM is not expired, otherwise you will suffer penalty.

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