AGM deadline extension allows companies to defer annual meetings by three months without filing additional extension applications. The Registrar of Companies has extended the time to hold the annual general meeting (AGM), other than the first AGM, for companies whose financial year ended on 31.03.2020 by a period of three months beyond the due date under section 96(1), on account of Covid-19 related difficulties. Companies within the ROC's jurisdiction are not required to file Form No. GNL-1 for this extension; pending or rejected GNL-1 applications for that AGM period are deemed approved up to the three month extension.
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.
AGM deadline extension allows companies to defer annual meetings by three months without filing additional extension applications.
The Registrar of Companies has extended the time to hold the annual general meeting (AGM), other than the first AGM, for companies whose financial year ended on 31.03.2020 by a period of three months beyond the due date under section 96(1), on account of Covid-19 related difficulties. Companies within the ROC's jurisdiction are not required to file Form No. GNL-1 for this extension; pending or rejected GNL-1 applications for that AGM period are deemed approved up to the three month extension.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
