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Time limit for holding Adjourned AGM

thriven kumar (article) (26 Points)

15 June 2011  

"Company held its Original AGM on Dec but adjourned due to failure to present accounts to shareholders. It held its Adjourned AGM in the month of June, whether it is a conituous AGM or two seperate AGM"

Please clarify whether one annual return should be filed or two annual returns


 7 Replies

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com )   (3414 Points)
Replied 15 June 2011

only one AR is to be filed. AR has to be filed within 60 days from AGM or the latest date within which AGM should ahve been held under section 166 read with 210.

regards

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 15 June 2011

agree with dipjyoti                          

CS Executive Ankit Parikh (Sr. Associate) (284 Points)
Replied 15 June 2011

Hello,

As per my knowledge one can adopt two reports in one AGM. But Annual return should be filed sepratly.

Regards,

Ankit

thriven kumar (article) (26 Points)
Replied 20 June 2011

Thanks for clarifying

 

      What is the Timelimit for holding the AGM if adjourned due to none submission of Accounts in front of Shareholders?

Pravin Gupta CS (trainee) (789 Points)
Replied 20 June 2011

No time limit specified under the act for holding Adjourned AGm...  but advisly it should be held within statuory time limit prescribed under sec. 166 and 210

Rajnikant Vadigoppula (CA, CS And CMA Final) (914 Points)
Replied 20 June 2011

by compiling the section 166 and 210 the last date for holding AGM is 30th september, extention can be granted for maximum 3 months by ROC i.e., AGM should be held before 31st december. Annual audited Acconts should be filed with the ROC latest by 30 days on the last date to be held as AGM.

Ravikiran (trainee) (39 Points)
Replied 11 July 2011

agree with Rajnikanth sir


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