16 January 2012
Hi all Can an AGM take place if the books of accounts are not Audit ? I have transfer case, a PVT LTD company have asked me to get its books audited for F Y 10-11, now in DEC 2011. Earlier Auditor have given me NOC of DEC 2011. Can i file ROC return with AGM being held on due date i.e. 30/09/2011 and my audit report current dated?
Yes AGM can take place without Audited Accounts Infact by this way you will violate only one Provisions i.e.section 210 But at the same time you will following section 166 of the Act.....But if you will not hold AGM it is another violation of section 166 of the Act.
You an file Annual return with due date i.e. 30.09.2011.....
CAclubindia
