URGENT---TIME LIMIT FOR BOARD MEETING
This query is : Resolved
11 August 2009
Hi,
Can anyone plz tel me that whats the time limit within which board of directors meeting is required to be held to approve the annual accounts/balance sheet of the company?Plz reply soon. its urgent....
Can anyone plz tel me that whats the time limit within which board of directors meeting is required to be held to approve the annual accounts/balance sheet of the company?Plz reply soon. its urgent....
11 August 2009
Hi,
Last date for holding AGM without default is September 30 each year. (I am not going into details)
As per section 171 you have to give 21 days notice to shareholders.
Keeping in view the provisions of section 53 regarding service of notice you should give at least 25 days notice to shareholders. Hence last date for holding board of directors meeting for adoption of the annual accounts/balance sheet of the company would be September 03.
In 3rd September board meeting adopt accounts and notice of AGM and on 4th September dispatch the notice to shareholders.
Regards
Last date for holding AGM without default is September 30 each year. (I am not going into details)
As per section 171 you have to give 21 days notice to shareholders.
Keeping in view the provisions of section 53 regarding service of notice you should give at least 25 days notice to shareholders. Hence last date for holding board of directors meeting for adoption of the annual accounts/balance sheet of the company would be September 03.
In 3rd September board meeting adopt accounts and notice of AGM and on 4th September dispatch the notice to shareholders.
Regards
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- TDS on TRUST
- Consolidated financials
- Putting a heading on received mail
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- 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
- 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
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
