Whether 3 year annual accounts can be placed in a AGM?

400 views
User Avatar

CA Job
23 Points Posted on 17 July 2023

Whether 3 year Annual Accounts can be placed in a AGM?

0 Reply Share Follow
On 17 July 2023 at 10:14 Report
Replies (3)
Quick Summary
Yes, you can present three years of annual accounts at an Annual General Meeting (AGM). However, this is only permissible after paying the necessary penalties and additional fees as per Section 137(1) of the Companies Act 2013. This section mandates that financial statements, including consolidated ones, must be adopted at the AGM.

User Avatar

Profession
28269 Points Posted on 18 July 2023
Yes it can be placed in agm but after paying requisite penalty.
Reply
On 18 July 2023 at 12:43
User Avatar

CS
2942 Points Posted on 21 July 2023

As per the provisions of section 137(1) of the Companies Act 2013., a Copy of the financial statements including the consolidated financial statement shall be adopted at the Annual General Meeting. 3 years annual accounts can be placed and adopted in Annual General Meeting after paying additional fees and requisite penalty.

Reply
On 21 July 2023 at 16:06
User Avatar

CA Job
23 Points Posted on 21 July 2023

Thanks a lot for your clarification, regards Krishnaswami R/ MCom, ACA

Reply
On 21 July 2023 at 19:41

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Foreign remittance
  2. Affordable Residential Flats in Gurgaon
  3. Manufacturing
  4. TAN REGISTRATION ON E-FILLING SITE
  5. Form 10-IEA – Continuing Old Regime
  6. Income tax act 2026
  7. Belated Return where Form 10IEA filed this year to
  8. GST Reconciliation Tool (2A vs Books) - looking fo
  9. TDS ON PF FORM 19 WITHDRAWAL
  10. Can a virtual office in Mumbai be used for company

More recent discussions | Post

Related Topics :

Loading