can any pvt.ltd.co. hold its agm for only 1 hour in a day . is it any time duration specified for agm that 2 or 4 hour atleast time agm should be commenced
CA rohit swami (CHARTERED ACCOUNTANT) (262 Points)
26 April 2013can any pvt.ltd.co. hold its agm for only 1 hour in a day . is it any time duration specified for agm that 2 or 4 hour atleast time agm should be commenced
IA & Risk expert
(Freelancer)
(198 Points)
Replied 26 April 2013
duration depends on the the discussions held. It should be more than the time given for Quorum!
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 27 April 2013
No specific time limit.
The time of quorum is seen ,only when the quorum is not present. In case the quorum is present meeting start immediately and may be ended as soon as all the matter have been discussed.
IA & Risk expert
(Freelancer)
(198 Points)
Replied 27 April 2013
If the quorum is present then what you are telling is true!