My Company has extended its Previous year to 18 months i.e. from 1st April 2010 to 30th September, 2011. Annual General Meeting was held on 19th December, 2011 within the limits of 15 months.
This year Current Financial year they are again extending the F.Y. by 18months i.e. from 1st October, 2011 to 31st March, 2013.
So my query is when we should hold AGM for the Current financial year?
If we hold after 31st March, 2013 then the gap between the 2 AGM will be more then 15 months.
Do we have to conduct AGM every year even if extension taken.
Please reply as earlier as possible.
Its urgent.
CAclubindia
