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SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)

11 July 2010

CAN PRIVATE LIMITED COMPANY CLOSE THERE BOOKS BEFORE THERE AGM.

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4 Replies

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 11 July 2010

Yes. as becoz date of an AGM is not fixed and also it may happen that agm may be held after 31st march of every year.

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Rahul Gupta (Project Controller ACA MBA(Fin.)) (8019 Points)
Replied 11 July 2010

Generally in the way as said by Kalpeash . Books are generally closed before AGM only, since you are required to present your financial statements in AGM. They are to be closed before the AGM.

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 11 July 2010

Originally posted by : Rahul Gupta
	Generally in the way as said by Kalpeash . Books are generally closed before AGM only, since you are required to present your financial statements in AGM. They are to be closed before the AGM.