first financial year and first agm of a private co.
This query is : Resolved
26 October 2010
A PRIVATE CO. HAS BEEN INCORPORATED ON 04.12.2008 THEN PLEASE TELL ME TILL WHEN CAN WE HOLD OUR AGM AND THE PERIOD OF FINANCIAL YEAR AND COMPANY HAS NOT DONE ANY WORK IN THE YEAR 2008-09 AND HAS NOT FILED ANY INCOME TAX RETURN?
26 October 2010
as it is pvt.ltd it assume to start the business as soon as it received the certificate of incorporation , so first financial year will be 2008/09 and you are required to held the first Annual meeting within a calender year since it's your first agm so you may hold it within a period of 18 months not beyond that otherwise it will breech the company act provision regarding AGM
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Under marginal scheme
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- TAX AUDIT ON PROFESSIONAL INCOME
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Oct 2025 Invoices
- Import of Software Service.
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
