18 October 2012
Dear members, Kindly clarify me on the following: A private limited company was incorporated on 03.01.2012. Kindly let me know the due date for first AGM and also the due date for filing annual return and balance sheet. thanks in advance. regards
I'VE REGISTERED FOR IPCC UNDER DIRECT ENTRY SCHEME ON 15-9-2012. AS I WAS UNAWARE OF CPT CONVERSION, I'VE ATTACHED ONLY RS 11000/- DD. I WOULD LIKE TO KNOW WHETHER IT IS MANDATORY TO FOLLOW CONVERSION SYSTEM OR NOT. IF YES, THEN SHOULD I SEND EXTRA RS 500/- DD FOR CONVERSION FROM CPT TO IPCC?.. IS THAT BE CONSIDERED? KINDLY ANSWER FOR THIS.
TIME-LIMIT FOR HOLDING THE FIRST ANNUAL GENERAL MEETING
A new company which is registered under the Act, shall hold its first annual general meeting latest within a period of eighteen months from the date of its incorporation, namely, the date on which the Registrar has issued the certificate of incorporation to the company. If the first annual general meeting is so held, it is not necessary for the company to hold another annual general meeting in the year of its incorporation or in the following year. It may also be noted in this connection that the accounts placed before the first annual general meeting shall be for the period beginning from the date of incorporation and ending on a day of financial year, which will not precede the first annual general meeting by more than nine months from the close of the first financial year of the company — section 210(3).
Following Annual Form will be done:
1. Form-23AC & ACA (Balance Sheet): within 30 days from AGM. 2. Form-66 (Compliance Certificate): within 30 days from AGM 3. Form-20B (Annual Return): within 60 days from the date of AGM