Agm dates

This query is : Open

Pratul (Querist)
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23 April 2012 A Co. Held its AGM fr the 12 months ending 31.03.10 on 30.09.10. Subsequently for the FY 10-11 it approached ROC for an extension of its Financial Period to 18 months (01.04.10 to 30.09.11) and extension of AGM of the Company upto March 30, 2012.
Subsequently, it held the AGM for 18 months ending 30th Sept, 2011 on 10.04.12. is it valid..? what are the consequences?

Jiten Gupta

Jiten Gupta (Expert)
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23 April 2012 AGM held on 10.04.12 is not valid as the due date is 30th MArch 12.

You can file the application for compounding of offence.

Pratul

Pratul (Querist)
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23 April 2012 could any more extensions would had been possible of the AGM date? as as to bring it in compliance..? any excuse? special circumstances?

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