The due date of AGM as section 166 read with section 210 of the Company Act, 1956 is subject to following conditions:-
1. Within 6 months of closing of the financial year of the Company.
Condition 1:-
Within 6 months of closing of the financial year of the Company.
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Condition 2:-
Every Calendar year one AGM should be conducted.
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Condition 3:-
The time gap between each AGM shall not exceed 15 months.
(18 months in case of First AGM from the date of incorporation).
Note:
“All the conditions are cumulative conditions. All the conditions has to be satisfied”.
Date of AGM will be earlier of following two –:
- Date of AGM as per Section 166.
- Date of AGM as per Section 210 (3).