11 February 2015
please tell me about the procedure of Shorter notice for AGM of the Company and also clear that the consent received from the Share holders About the same is necessary to Attached with any form of annual filing for record of ROC.? If yes what is the Specific form defined by the ministry.
11 February 2015
Proviso to Section 101(1)allows a company to hold/call for a shareholders'meeting in a shorter notice period - i.e. of less than 21 days, provided consent is given by not less than 95% of the members entitled to vote at such meeting.
Check the Articles of association of a company. Generally AOA specify a time limit for such shorter notice.
You should attach the shroter notice with Form 20 B (Annual return)
Earlier under the companies act 1956 Form 22A was prescribed for taking consent of the shareholders for shorter notice. But there is no form prescribed under the new companies act.
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