Query regarding the holding of AGM and due date of AGM
This query is : Resolved
Guest
Guest
(Querist)
15 October 2009
Query regarding the holding of AGM and due date of AGM for the following companies :
A Private Company.
Date of Incorporation :18.03.2008
Financial Year end date :31.03.2009
Date of First AGM :17.09.2009
Due Date of AGM :17.09.2009
For A, I am considering 18 months from Date of incorporation.
B Private Company.
Date of Incorporation :12.05.2008
Financial Year end date :31.03.2009
Date of First AGM :30.09.2009
Due Date of AGM :31.12.2009 (or 11.11.09)
For B, I am considering 9 months from the financial year end date 31.03.2009.
Experts may express their views and clarification for my understanding.
A Private Company.
Date of Incorporation :18.03.2008
Financial Year end date :31.03.2009
Date of First AGM :17.09.2009
Due Date of AGM :17.09.2009
For A, I am considering 18 months from Date of incorporation.
B Private Company.
Date of Incorporation :12.05.2008
Financial Year end date :31.03.2009
Date of First AGM :30.09.2009
Due Date of AGM :31.12.2009 (or 11.11.09)
For B, I am considering 9 months from the financial year end date 31.03.2009.
Experts may express their views and clarification for my understanding.
16 October 2009
Obviously 11.11.09 because section 210 cannot overrule to specific provision of Section 166 related to annual general meeting.
You have to comply both sections therefore the date of AGM will be 11.11.09
You have to comply both sections therefore the date of AGM will be 11.11.09
Guest
Guest
(Querist)
16 October 2009
Thanks Mr. Aryendra for your response.
I am sure for A Private Company, you agree with the dates mentioned by me. That's why, you have not commented.
For B Private Limited, you mean to say that the 'due' date of AGM should be 11.11.09.
Please confirm my understanding.
Once again, Thanks.
I am sure for A Private Company, you agree with the dates mentioned by me. That's why, you have not commented.
For B Private Limited, you mean to say that the 'due' date of AGM should be 11.11.09.
Please confirm my understanding.
Once again, Thanks.
19 October 2009
The due date of AGM for B Private Limited will be 11.11.09 as per Section 166.Section 166 clearly says that the first AGM may be hold with 18 months from incorporation.
19 October 2009
Dear Deekay
In case of A you are correct
and in case of B company Mr. Shivratan Sharma is correct
In case of A you are correct
and in case of B company Mr. Shivratan Sharma is correct
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