We had our previous AGM on 23rd August 2020, We fall under jurisdiction of Mumbai ROC, as per AGM Extension Order of Mumbai ROC what will be the extended date of AGM for us ?
What is allowed GAP between 2 aGM as per ROC Order is it 15+3 or 15 ?
3 Replies
Amit
(CA Practice )
(107 Points)
Replied 04 November 2020
Third proviso to Section 96(1) provides that the Registrar may, for any special reason, extend the time within which any AGM , shall be held, by a period not exceeding 3 months. It appears to mean that the Registrar may extend the due date of AGM which is earlier of elapse of :
1. 15 months from previous AGM
2. 6 Months from the date of closing of the F Year.
Nowhere it appears to imply that registrar does not has power to extend the AGM beyond 15 months. Even recent orders/circulars of registrar for general extension mention due date. First we have to confirm that what is the due date of AGM. Kindly clarify
SOW
(9 Points)
Replied 24 January 2021
If I conduct AGM for the year 2020 in 2021 and also 2021s AGM in 2021, then 15 months time gap will not be fulfilled right? Then what to do???
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