Statutory meeting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2012
Please let me know the consequences of not holding of statutory meeting as per section 165 of the companies act. Is there any other consequences apart from penalty prescribed under Section 165 (9) of the said act.
Guest
Guest
(Expert)
19 January 2012
Company can be wound up u/s 433 (b) if default is made in holding statutory meeting or delivering statutory report to ROC
19 January 2012
If default is made in complying with the provisions of section 165 of the Act, every director or other officer of the company, who is in default, shall be punishable with fine, which may extend to Rs. 5,000.
Failure to file statutory report or to hold statutory meeting are valid grounds for a petition for compulsory winding up of a company under section 433.
Failure to file statutory report or to hold statutory meeting are valid grounds for a petition for compulsory winding up of a company under section 433.
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Building and other construction workers welfare cess act 1996
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- TDS ON CASH WITHDRAWALS...
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
