Can Holding Company conduct AGM before Subsidiaries's AGM?

This discussion explores whether a holding company can legally conduct its Annual General Meeting (AGM) before its subsidiaries' AGMs. While subsidiary balance sheets must be signed before the holding company's, the timing of AGMs is different. It's suggested that a holding company's AGM can proceed, with the adoption of financial statements being adjourned until after the subsidiaries have held theirs. This adjournment is considered lawful, differing from adjournments due to a lack of quorum as per Section 103 of the Companies Act.