Dear Experts,

ABC Private Limited is based in Mumbai.

The company has

- two directors and
- no employees and
- no business.

The two directors are residing in Hyderabad.

Once in a year, one director may visit Mumbai to meet the company's Auditor.


Query :

How the company will comply with the holding of AGM (with one Director at Mumbai and another Director at Hyderabad) ?


Experts may guide on the matter.

Dear Experts,

ABC Private Limited is based in Mumbai.

The company has two directors and no employees.

The two directors are in Hyderabd only.


Query :

How the company will comply with the holding of AGM, as it a mandatory requirement as per the Act ?


Experts may guide on the matter.

Dear Experts,

ABC Private Limited is based in Mumbai.

The company has two directors and no employees.

The two directors are in Hyderabd.

Query :

As there is no restriction for BM, can we mention in the MINUTES (while preparing), the place of address i.e. Hyderabad Address, where these directors are holding the BM.

Experts may confirm my understanding and guide on the matter.

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Dear Experts,
Is it compulsory to hold AGM in case of Private ltd. Company?

Further I also request you to guide me that what r the other provision in company law applicable to pvt. ltd. company which are related with the finalization of accounts?

thank u