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Annual General Meeting

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Kowsalya kanagaraj

BCom

113 Points Posted on 21 September 2020

whether AGM will be conducted on Sunday's???

Replies (3)

Quick Summary

This discussion clarifies whether an Annual General Meeting (AGM) can be held on a Sunday. While AGMs can generally take place on any day, including Sundays or public holidays, they must adhere to specific rules. Crucially, AGMs must be conducted during business hours, defined as between 9 a.m. and 6 p.m., and cannot fall on a National Holiday.

Sagar Patel

Tax and Business Consultant

11616 Points Posted on 21 September 2020

A General Meeting can be held on any day, including a public holiday or on a Sunday, unless such day is a National Holiday. Sub-section (2) of Section 96 of the Act requires the Annual General Meetings to be held during business hours,that is, between 9 a.m. and 6 p.m. on any day that is not a National Holiday.