Urgent

dear all friends is it possible to be held Two AGM on a Single day if yes/no please provide any case on this topic in briefly

Thanksssssssss.

Replies (9)
yes can be held. but the second AGM should be conducted only after the conclusion of the first AGM. think there is a case law, but i don rem it. if any one have knowledge of it, pls specify. quote me if am wrong...

i think also but no case rem

 you are right......... Trinath........ but as per sec. 166, the AGM must be held every year,,, so can an AGM be held twice in  a year, one of previous year and one in next year? ........

YES.

 

2 AGM on a single day is possible.

 

Please find attach my file and check page Number 2.

 

Regards

 

Thank  You Ankur sir

I agree with Ankur Sir that two AGm's can be held on a single day.Sir I also went through the second page of your note, which says that single notice is sufficient for the 2 AGM's. However Ramaiya Part 1says that

"There is no provision in the  Act prohibiting the holding of two AGMs on the same day.If the AOA do not vontain any provision then AGM for the current year and also for the previous year can be held on teh same day. There should, however, be separate notices for each meeting and they should be held at different timings"

Sir please through some light on the matter.

 

Regards

 

Priya Sharma

Thanks in advance!!!!!!

CS Final Student

Hi Priya,

 

Agree with your views.

 

Different timing of AGM is quite obvious. Regarding single notice of AGM I would prefer 2 separate notices. However you may dispatch both the notices in the single envelop.

 

Regards

 

Thank You very much Sir

 

 

Regards

Priya Sharma

CS Final Student

I am not agree with all above answer....

As per my views, an AGM can be held once in a year only... because the general meaning of Annual General Meeting  is that a meeting other than other meetings held once in a year within six months from the end of financial year.

But the company may held another general meeting during same day in business hours, but that another meeting shall be termed "Extraordinary General Meeting", not AGM...

I hope you all are getting my point....

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