Notice of agm

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Santhosh Ganesh (Querist)
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02 September 2014 Sec 101(1) of Companies Act 2013 clearly says that the company has to give 21 days of notice to its members for calling an General Meeting

Can a private limited company reduce such time by its AoA

Ankur Garg

Ankur Garg (Expert)
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02 September 2014 No you cannot draft your AOA in such a way to relax provisions of Law.
21 days notice is in favour of shareholders in order to provide them ample time for understanding of financials and other related docs. Reducing this time would not be in favour of shareholders and thus against intention of law.

Thanks

Santhosh Ganesh

Santhosh Ganesh (Querist)
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03 September 2014 thanks a lot sir for your reply

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Ankur Garg

Ankur Garg (Expert)
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04 September 2014 You are always welcome Santosh and keep sharing your law related doubts through the platform of Caclubindia.

Regards