Whether 3 year Annual Accounts can be placed in a AGM?
Whether 3 year annual accounts can be placed in a AGM?
Krishnaswami.R (CA Job) (23 Points)
17 July 2023
3 Replies
sabyasachi mukherjee
(27574 Points)
Replied 18 July 2023
Yes it can be placed in agm but after paying requisite penalty.
Jatin Bajaj
(CS)
(2930 Points)
Replied 21 July 2023
As per the provisions of section 137(1) of the Companies Act 2013., a Copy of the financial statements including the consolidated financial statement shall be adopted at the Annual General Meeting. 3 years annual accounts can be placed and adopted in Annual General Meeting after paying additional fees and requisite penalty.
Krishnaswami.R
(CA Job)
(23 Points)
Replied 21 July 2023
Thanks a lot for your clarification, regards Krishnaswami R/ MCom, ACA
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