Alpha Numeric Control Systems is a listed public company with Registered Office at Mumbai. The company has 5500 shareholders, examine the validity in the following: Due to non-finalization of annual accounts, the AGM was

As per Para 15.2 of SS-2, if a general meeting is adjourned sine-die or for a period of thirty days or more, a Notice of the adjourned meeting shall be given at least 21 clear days before the adjourned meeting to comply with provisions of Section 101 of the Companies Act, 2013 relating to Notice. Since, the AGM has been adjourned for more than 2 months, three days' Notice and posting of Notice on the website of the company is not valid. The company needs to send Notice of the adjourned meeting at least 21 clear days before the meeting by permitted mode of communication like, electronic means.