Conduting egm outside india
This query is : Resolved
29 February 2012
We are a 100% German company, incorporated in india.
Kindly let us know whether we can conducting the EGM outside India in case for the increase of the share capital.
A.V.Suresh Subramanian
9791905733
Kindly let us know whether we can conducting the EGM outside India in case for the increase of the share capital.
A.V.Suresh Subramanian
9791905733
29 February 2012
If a company is incorporated in India, then it will be an Indian Company and the provision of Companies Act, 1956 will apply. The Companies Act not permit to conduct general meeting outside India.
It will not be treated as German Company.
Regards
It will not be treated as German Company.
Regards
29 February 2012
Please see this link, Ajay sir please
https://www.caclubindia.com/experts/egm-557665.asp
https://www.caclubindia.com/experts/egm-557665.asp
29 February 2012
Dear Parashar
I have also given my view for Indian Company not German Company, Indian company can do:
Time, day and place of Extraordinary General Meeting
Unlike an annual general meeting, an extraordinary general meeting may be held at any time, on any day and at any place. Thus , extraordinary general meeting may be called even for a time beyond business hours ,on a public holiday and at a place other than the registered office of the company ,even outside the state in which the registered office of the company is situated or out side INDIA ( Please refer to Company law book by K.M.Ghosh & Dr. K .R. Chandratre’s page no.2511 para 1.4)
I have also given my view for Indian Company not German Company, Indian company can do:
Time, day and place of Extraordinary General Meeting
Unlike an annual general meeting, an extraordinary general meeting may be held at any time, on any day and at any place. Thus , extraordinary general meeting may be called even for a time beyond business hours ,on a public holiday and at a place other than the registered office of the company ,even outside the state in which the registered office of the company is situated or out side INDIA ( Please refer to Company law book by K.M.Ghosh & Dr. K .R. Chandratre’s page no.2511 para 1.4)
29 February 2012
thank you very much sir.
I understood from you reply that Indian company ( even 100 % share held by German company) the comapny can conduct EGM outside India.
Thanks & Best Regards
A.V.Suresh Subramanian
97919 05733
I understood from you reply that Indian company ( even 100 % share held by German company) the comapny can conduct EGM outside India.
Thanks & Best Regards
A.V.Suresh Subramanian
97919 05733
29 February 2012
Right, an Indian company in which German stake is 100% can conduct EGM anywhere.
Regards
Right, an Indian company in which German stake is 100% can conduct EGM anywhere.
Regards
29 February 2012
thank you very much sir
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