Extension of period for AGM

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CS ashish shrivastava (Querist)
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05 August 2010
Dear Sir,

I want to know what are the special reasons for granting extension to conduct AGM in the application with ROC.

Ankur Garg

Ankur Garg (Expert)
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05 August 2010 You are requested to download my file from the link below:

https://www.caclubindia.com/forum/download-company-law-notes-my-best-file-uploaded-on-caclub-42244.asp

Refer page no 1 of the handout to know more about extension of AGM.

Thanks

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VINOD ARORA

VINOD ARORA (Expert)
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05 August 2010 In normal circumstances, such approval is not granted.

At times, it is possible due to certain unforeseen reasons (law & order problem, natural calamity, seizure of records by IT Deptt, etc. force majur reasons; the companies may not be able to hold the annual general meeting. In such circumstances, the Registrar of Companies – for any special reasons – could grant time extension to hold the annual general meeting of the company by a period not exceeding three months.

This provision, however does not apply for the first annual general meeting of the company which is required to be held within a period of not more than eighteen months from the date of its incorporation.

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