Examine the validity of the following statements in respect of Annual General Meeting (AGM) as per the provisions of the Companies Act, 2013: Subsequent AGM should be held within 6 months from closing of the financial ye
CS Executive · Setting up of Business Entities and Closure · PYQS · June 2022
Examine the validity of the following statements in respect of Annual General Meeting (AGM) as per the provisions of the Companies Act, 2013: Subsequent AGM should be held within 6 months from closing of the financial year.
Answer & Explanation:
According to the proviso to Section 96(1), subsequent AGM of the company shall be held within a period of 6 months from the closing of the financial year. So, the statement is correct .
Topics: Companies Act, 2013
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