Due date for agm


This query is : Resolved 

(Querist)
30 December 2014 A PRIVATE LIMITED COMPANY INCORPORATED ON 10.10.2013.

WHAT IS DUE DATE FOR CONDUCT AGM.



TNKS

30 December 2014 Please refer section 96 of the Companies Act 2013.

A newly incorporated Company is required to hold its First Annual General Meeting within a period of nine months from the date of closing of the first financial year of the company.

Date of Incorporation : 10.10.2013
Closing of First Financial Year : 31.03.2014
Due Date of 1st AGM (within 9 months from date of closing of the first financial year)[First proviso to Section 96(1)] : 31.12.2014

Remember there should not be a gap of more than 15 months between two AGM. So next AGM should be held at earlier of the following two dates:

15 months from the date of first AGM
or
6 months from the date of close of 2nd financial year.


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