AGM- Due Date
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2010
Sir, Please guide in the following matter.
Assessee -Pvt Ltd Company
Date of Tax Audit-20-09-2010
Date of filing ITR- 29-09-2010
Further informed that this is the first Financial Year of the company.
What should be the date for Annual General Meeting for this co.
Assessee -Pvt Ltd Company
Date of Tax Audit-20-09-2010
Date of filing ITR- 29-09-2010
Further informed that this is the first Financial Year of the company.
What should be the date for Annual General Meeting for this co.
24 December 2010
Hi
As per the provisions of section 166 of the Companies Act, 1956 the First Annual General Meeting of the Company must be held within 18 months from the end of the financial year.
Moreover as per section 210(3)(a) of the Companies Act, 1956 the first Annual General Meeting must be held within 9 months from the end of the financial year.
Hence as per section 166 read with section 210(3)(a) of the Companies Act, 1956 in case ur company is incorporated on 1.07.2009 and the First Financial year is from 01.07.2009 to 31.03.2010 the first AGM must be held on or before 31.12.2010.
Hope i am able to clarify your doubt.
God Bless
Udit Sharma
As per the provisions of section 166 of the Companies Act, 1956 the First Annual General Meeting of the Company must be held within 18 months from the end of the financial year.
Moreover as per section 210(3)(a) of the Companies Act, 1956 the first Annual General Meeting must be held within 9 months from the end of the financial year.
Hence as per section 166 read with section 210(3)(a) of the Companies Act, 1956 in case ur company is incorporated on 1.07.2009 and the First Financial year is from 01.07.2009 to 31.03.2010 the first AGM must be held on or before 31.12.2010.
Hope i am able to clarify your doubt.
God Bless
Udit Sharma
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