Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Agm query for producer company

Tanuj Chandra Saxenaa (Company Secretary) (7070 Points)

12 December 2021

in case of first AgM within 90 days of incorporation any items to be transacted for financial books ? plz let me know

Reply
Follow
Share

2 Replies

Chirag (Professional) (1979 Points)
Replied 12 December 2021

No ,I don't think so ,And it's very awkward thing for producer companies that they can't take benefit of 9 months just like any other company , general matters for first AGM includes Adoption of AOA, appointment of director(s), First Auditor and general business item only , Financial year definition as per sec 2(41) ,so mostly in second AGM Financials will be adopted ...

1 Like