A G M for the financial year 2019-20

 

The Companies Act, 2013 make it mandatory for Companies to place its financial statement before an annual general meeting within six months from the end of the financial year. Because of the outbreak of pandemic CORONA, Registrar of Companies has relaxed the above provision by giving three more months for holding the annual general meeting for the financial year 2019-20. Hence December, 31, 2020 is the last date for holding the annual general meeting to place the financial statement and director’s report for the financial year 2019-20 before the annual general meeting.

Ø  Annual general meeting notice should be send to all directors, shareholders and auditors;

Ø  Audited financial statement, auditors report and directors’ report should also give to all shareholders;

Ø  Company should maintain proof of sending notice;

Ø  This year meeting through video/audio-visual means allowed;

Ø  Within 30 days of annual general meeting every company should file their financial statement to Registrar of Companies;

Ø  Within 60 days of annual general meeting every company should file the annual return to the Registrar of Companies;