20 July 2011
Our's is a private limited company with two share holders . Due date for the AGM is on 30 th June 2011 ( LAst AGM date is 30th June 2010) . But the Audit Report is ready on 10th of July 2011 . My under standing is
1) as per Sec 166 - the time gap between two AGM can be 18 months .i.e without getting approval for extension from ROC we can conduct the AGM 30th June 2011 and can it be adjourned to another day in July till the date of Audit report .The accounts are closed on 31st December . Please advice
CAclubindia
