Agm at shorter notice

Meetings 1293 views 4 replies

Dear members,

Can first AGM of the Company be held at shorter notice. However as per section 136 THE FINANCIAL STATEMENT needs to be circulated atleast 21 days before. It seems from that it can not be held. Pls guide on the issue urgently

Replies (4)

Yes, even first AGM can be held at short notice with approval  of members.  However, there is  no provision in the Act for short consent for circulation of financials u/s 136.  Similar position was there under 1956 Act.  There was no provision for short consent u/s 219 of 1956 Act regarding circulation of financials before 21  days of meeting.

 

Agree.

Circulate Accounts 21 days prior to AGM and conduct AGM on shorter notice with the consent of the members

Can a company appoint Statutory Auditor of the company by issuing  shorter notice of AGM.

Originally posted by : NEHA MISHRA
Dear members,

Can first AGM of the Company be held at shorter notice. However as per section 136 THE FINANCIAL STATEMENT needs to be circulated atleast 21 days before. It seems from that it can not be held. Pls guide on the issue urgently

every AGM can be held on shorter Notice?


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