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AGM holding

A.MISHRA (professional) (91 Points)

27 October 2018

If the last agm date is 26.09.17 then what will be the DUE DATE of agm in current year.....is it 30.09.18 or 26.09.18..????

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3 Replies

AMLAN12. (STUDENT) (120 Points)
Replied 27 October 2018

26.09.2018 is the agm date and 30.9.2018 is its due date

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CS Nagesh Rudrakanthwar (Manager - Company Secretary & Legal At Reliance Industries Limited) (399 Points)
Replied 27 October 2018

The due date would be 30.09.2018

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santhisundaramg (articledassistant) (434 Points)
Replied 27 October 2018

Assuming Ur company is following calendar year which starts from 1st Jan to 31st dec.

AGM for the calendar year 2016 held on 26-09-2017. For the Calendar year 2017 AGM to be held on earlier of below dates:
1. not more than 15mobrhs elapsed from the date of previous AGM i.e., 25.12.18

2. within 6months from the close of the financial year which on or before 30.06.2018, assuming being a private limited company follows jan-dec calendar year.

Governing section for conveñing AGM is section 96 of companies act, 2013 as below:

96. Annual general meeting

(1) Every company other than a One Person Company shall in each year hold in

addition to any other meetings, a general meeting as its annual general meeting and shall

specify the meeting as such in the notices calling it, and not more than fifteen months shall

elapse between the date of one annual general meeting of a company and that of the next:

Provided that in case of the first annual general meeting, it shall be held within a period

of nine months from the date of closing of the first financial year of the company and in any

other case, within a period of six months, from the date of closing of the financial year:

Provided further that if a company holds its first annual general meeting as aforesaid,

it shall not be necessary for the company to hold any annual general meeting in the year of

its incorporation:

Provided also that the Registrar may, for any special reason, extend the time within

which any annual general meeting, other than the first annual general meeting, shall be held,

by a period not exceeding three months

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