Hi,
I have a query on First AGM under Co's Act 2013.
Private Limited Company incorporated on 01.02.2017.
Shall I Close First FY on 31.03.2018, if so first AGM will be held on or before 30.09.2018?
Is this correct
3 Replies
Himanshu Rajyaguru
(13 Points)
Replied 01 October 2018
within 9 months from the end of the 1st FY
(I.e: 31-03-2018)
however your proposed date is much earlier than 9 months (i.e: within 6 months from end of the 1st FY )
so you can do it
(I.e: 31-03-2018)
however your proposed date is much earlier than 9 months (i.e: within 6 months from end of the 1st FY )
so you can do it
Jatin Bajaj
(CS)
(2930 Points)
Replied 01 October 2018
Ya, as per the provisions of the Companies Act 2013, first AGM can be held maximum within 9 month from the closure of the financial year. So AGM Can be held maximum by 31st December 2018 without any extension
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