not conducting AGM


This query is : Resolved 

28 August 2009 dear sir,
if a company is not in a position to prepare its final accounts due to unavoidable circumstances and consequently wants to defer the AGM by another six months and wants to conduct AGM in March,2010. is it possible, if yes, then what is the procedure. if not, what are the consequences for not conducting AGM within time.
secondly, as the final accounts are not prepared, it will not be able to file the income tax return for the asst year 2009-10. till when filing of return can be deffered and what are the consequences?
please advice.

Ankur Garg (Expert)
28 August 2009 Read Section 166 and 168 of the companies act, 1956 carefully.

Max 3 months extention can be claimed from ROC.


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