The date of incorporation of a private limited company is 24.02.2010.
Please suggest me the date of first AGM and due date of audit of accounts and filing annual returns with MCA.
CA Suraj Prasad Shaw (Chartered Accountant) (504 Points)
01 June 2011The date of incorporation of a private limited company is 24.02.2010.
Please suggest me the date of first AGM and due date of audit of accounts and filing annual returns with MCA.
Rajeev kumar Nayak
(ACS)
(283 Points)
Replied 01 June 2011
In case of first AGm provision is:--
First AGM must be held within 18 months of incorporation
or
The Accounts must be laid dowm in the AGM within 9 months of clsure of financial year
whichever is earlier.
under first condiiton due date will be :-- 23.08.2011.
under Second condiiton due date will be as per financial year of ur co. As per Companies Act, FY may be less or more than 12 months but not exceed 15 months except with ROC permission it may be of 18 months.
For Example:- If ur company fix the financial year from 24.02.2011 to 31.03.2011 then due date under second condiiton will be 31.12.2010.
Hence earlier date i.e 23.08.2010 will be due date for AGM.
If u need any other clarification, feel free to say..
Thanks & Regards
Rajeev Nayak