Notice of agm
This query is : Resolved
27 November 2013
can notice of AGM given while Final Accounts are Pending for Audit Purpose...??? And we are very much sure that it will complete before AGM.
27 November 2013
Yes,notice can be given as there is no such requirement in law that notice for AGM is to be given after finalization of accouts.
But definately as per the practice prevalent the audited accounts must be discussed in the AGM.So the Accounts must be audited before the date of AGM not necessary before the date of issuance of notice for AGM.
But definately as per the practice prevalent the audited accounts must be discussed in the AGM.So the Accounts must be audited before the date of AGM not necessary before the date of issuance of notice for AGM.
Message likes :
1 times
27 November 2013
The Balance sheet and Profit & Loss Account along with Director's Report should be approved before the adoption of notice calling AGM.
In any case, you can not approve draft notice of AGM before adoption of Balance Sheet.
In any case, you can not approve draft notice of AGM before adoption of Balance Sheet.
Message likes :
1 times
27 November 2013
Agreed with Ajay Sir.
As per section 171-172 of the Companies Act -The notice of the meeting must be accompanied by a copy of the annual accounts of the company, director’s report on the position of the company for the year and auditor’s report on the account.
Therefore the notice for AGM cannot be issued before finalization of accounts.
As per section 171-172 of the Companies Act -The notice of the meeting must be accompanied by a copy of the annual accounts of the company, director’s report on the position of the company for the year and auditor’s report on the account.
Therefore the notice for AGM cannot be issued before finalization of accounts.
Message likes :
1 times
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
- Fixe term employment
- Is any professional CA is here please reply
- Putting a heading on received mail
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Experts need help
- Section 50-fixed asset-->building ceases to exist
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
