Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

Re-posting: 15 months gap between 2 AGM

Sumit Jaiswal (Company Secretary) (818 Points)

19 August 2013

The AGM of the company for the financial year ended 31.03.2012 was held on 27.06.2012. We know that there should not be a gap of more than 15 months between two AGM's. Can anyone tell me what would be the due date of AGM for this year – whether it will be 26.09.2013 or 27.09.2013?

Reply
Follow
Share

3 Replies

AMIT MISHRA (Legal Professional) (393 Points)
Replied 19 August 2013

Hi Sumit,

Your question itself has its answer I quote"We know that there should not be a gap of more than 15 months between two AGM's"

Thus AGM may be held on any of the two days 26.09.2013 or 27.09.2013, In both cases its "NOT MORE THAN" 15 months. This is As per Section 166 of the Companies Act 1956 read with Section 210.

Thanks & Regards

Amit Mishra

Sumit Jaiswal (Company Secretary) (818 Points)
Replied 19 August 2013

Hi. My question was what would be the due date of AGM, in other words, what would be the last day of holding AGM? I understand from your reply it would be 27.09.2013. Thanks for the reply.