Can a company hold two agm on a same day under companies act 2013 ?

Report
Question

Please briefly explain why you feel this question should be reported .

Report Cancel

in progress 0
CA, CS, CMA Prathmesh Maheshwari 2 Answer 223 views

Answers ( 2 )

  1. March 28, 2017 at 9:36 pm

    Please briefly explain why you feel this answer should be reported .

    Report Cancel

    No, 2 AGMs can’t be held.

    However, BM & AGM can be held.

    But BM should be held first.

  2. April 7, 2017 at 4:54 pm

    Please briefly explain why you feel this answer should be reported .

    Report Cancel

    No a company cannot held 2 agm on the same day as per companies act because agm should be held once every year. First agm should be held within 9 months from the closing of the first financial year.subsequent agm should be held within 6 months from the closing of the financial year.It is not necessary for the company to hold any agm in the year of its incorparation. The gap between 2 agm should not exceed 15months.
    The registrar may for any special reasons extend the time of holding an agm by not mote than 3 months.

    Boarding meeting must be held once in every 3 calendar months and at least 4 times in every year. This provision may be exempted by CG.

Leave an answer

Browse