The gap between two annual general meetings can never exceed 15 months.

According to section 96(1) of the Companies Act, 2013 gap of not more than 15 months shall elapse between the date of one Annual General Meetings (AGM) of the company and that of the next year. According to third Proviso to Section 96(1), the Registrar may, for any special reason, extend the time within which any annual general meeting, other than the first annual general meeting, shall be held, by a period not exceeding three months. It has been further elaborated that the company may apply to the Registrar for extension for holding AGM, justifying it as a special reason. The Registrar may, after considering it as a special reason, extend the time within which an AGM shall be held which shall be a period not exceeding three months. Accordingly, the gap between the two AGMs shall not elapse a period of 15 months unless the Registrar of Companies for special reason has extended the time for holding the AGM. Such extension cannot be more than 3 months.