Extension of period for AGM

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This query is : Resolved

CS ashish shrivastava (Querist)

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)

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

Message likes : 1 times

VINOD ARORA

VINOD ARORA (Expert)

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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