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time gap between Approval of financial statements and notice of AGM

Rohit sain (11 Points)

29 October 2018

What shall be time gap between Approval of financial statements and notice of AGM

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santhisundaramg (articledassistant) (434 Points)
Replied 29 October 2018

notice of AGm to be of 21clear days. plus 2days for sending and day of delivery.

shorter notice of AGM can also be given with the consent of 95% members entitled to present

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Rohit sain (11 Points)
Replied 29 October 2018

sir this is the provision of notice of agm shall be send 21 days (2 days extra of Postal circulation) prior to the date of AGM

Vibha Trivedi (437 Points)
Replied 29 October 2018

The Draft Notice of AGM is approved and CS or any director of the Company is authorised to issue notice thereof at the Board Meeting at which Financial Statements are approved.

As per Section 101 of Companies Act, 2013, a general meeting may be called by giving not less than 21 days notice.

A meeting may be called by giving shorter notice as well if consent as required is obtained.

Keeping in view the provisions there has to be minimum 21 days gap between Board Meeting at which Financial statements are approved and the AGM date.

Further as we know shorter notice may also be given, the gap differs accordingly.

Rohit sain (11 Points)
Replied 29 October 2018

my question was about the gap of approval of financial statements section 134 and notice of AGM

santhisundaramg (articledassistant) (434 Points)
Replied 29 October 2018

there is no such gap, if we read the provision.
only gap will be of sending of AGM notice.

financial statements approved today means, AGM notice can be send the same day.

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