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Whether more than 1year's accounts can be passed at one egm?


A B Kundu (Professional)     04 April 2019

A B Kundu
Professional 
 94 likes  1406 points

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​One Govt. Company passed Annual Accounts for the years 2007-08 to 2010-11 in 4 respective AGMs and handed over to CAG for statutory audit. Audit objected on technical ground and directed to resubmit after redrafting and further approval in AGM.

Now, question is whether the 4 redrafted accounts can be passed in a single EGM or 4 EGM are to convened.

Please advise with Section or case law, if any.

 

Thanks.

avater

Priya Kashyap (Student)     05 April 2019

Priya Kashyap
Student 
 852 likes  6981 points

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single EGM I think

avater

Vishesh Surana   05 April 2019

Vishesh Surana

 360 likes  5652 points

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there is no such restriction


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