Finalization of annual accounts
This query is : Resolved
Revati Sathe
(Querist)
12 January 2015
As per new provisions of the Companies act, 2013, Company can held first AGM within 9 months from the closure of financial year , a can Board approve its report and finalize financial statements on 01st Dec. i.e. after 6 months from the closure of financial year i.e after 30th Sep.
CS Mitesh Mehta
(Expert)
13 January 2015
YES IN CASE OF FIRST AGM IT IS POSSIBLE
Rupesh Jain
(Expert)
13 January 2015
no as per new company act your financial year will be from 1.4.20....to 31.3.20......
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