banner_ad

Help!! - last agm held on 2010. consequences and remedies ??

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 February 2015 There are four directors in a Pvt ltd compay . Last AGM was held in 2010. Company is still carrying on business.

Please inform the consequences in relation to
1. Company still carrying on business – is it legal?
And explain the position with respect to
2.Validity of functioning of directors
3.Appointment of auditors
4.Filing of forms/returns
5.Fines and penalties and
last but not least
6.Remedial measures

Thanks.
Profile Image

c.bakshi

Profile Image

c.bakshi (Expert)
19 February 2015 Yes, The legality is not wiped out
the company is still a legal entity and can do business operations

however, you have to file all the annual returns of the company at their respective back dates and have to pay additional fees which may vary on the authorized capital of the company
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
25 April 2026
Tax Executive/Manager

BDMV & Co, Chartered Accountants

Mumbai

CA Final

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details