Extension of AGM deadline due to pandemic allows companies an administrative short extension without filing Form GNL-1. The Registrar invokes the third proviso to Section 96(1) to extend the time for holding AGMs for the financial year ended 31.03.2020 for companies in its jurisdiction, permitting an additional period from the due date without requiring filing of Form No. GNL-1. The extension covers pending and rejected GNL-1 applications, which are deemed approved to the extent of the extension, and applies only to AGMs other than the first AGM.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Extension of AGM deadline due to pandemic allows companies an administrative short extension without filing Form GNL-1.
The Registrar invokes the third proviso to Section 96(1) to extend the time for holding AGMs for the financial year ended 31.03.2020 for companies in its jurisdiction, permitting an additional period from the due date without requiring filing of Form No. GNL-1. The extension covers pending and rejected GNL-1 applications, which are deemed approved to the extent of the extension, and applies only to AGMs other than the first AGM.
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