01 March 2014
As per Section 210 of the Companies Act, 1956, the Company must lay before the Annual General Meeting, the profit and loss account within 9 months of the close of its first financial year in case of its First Annual General Meeting. . . A Company may hold its Annual General Meeting within a period of 18 months from the date of its incorporation. If such AGM is held within that period, it shall not be necessary for the company to hold any AGM in the year of its incorporation or the following year.(Section 166) . A combined reading of 166 and 210 required to be done . . So ur due date is decided earlier of above dates
if incorporated on 18jan 2005 . . First financial year can be ended on 31.03.2005 if you did so due date of AGM is 31.12.2005 . . You can also close your books on 31.03.2006 if you did so due date of AGM is (18 MONTHS FROM DATE OF INCORPORATION)
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