FAQs on the due date extension in holding AGM

  • November 22, 2020
  • CA Chandan Agarwal's Office

The Registrar of Companies (ROC) vide its order dated 8th September, 2020 extended the time for holding Annual General Meeting (AGM) of the companies by a period of 3 months from the due date by which the AGM ought to have been held for the financial year ended 31st March, 2020 i.e. 30th September, 2020. Earlier, the MCA had directed companies to make application for seeking specific extension for holding their AGM beyond 30th September, 2020, however, by this order, a general extension has been granted to all companies whose financial year ended on 31st March, 2020.

FAQs on the extension of due date of holding AGM:

1. Will the Registrar’s order also apply to a company that has its first AGM this year?

Answer: No, the due date for such companies is 31st December, 2020

2. Whether the Companies are required to file any form with the ROC for the FY 2019-20 for the extension of the AGM?

Answer:  As per the general relaxation given by the ROC under the MCA guidance for the FY 2019-20, there is no obligation to file any form with the ROC for the extension of the AGM.

Read more on: https://taxguru.in/company-law/faqs-due-date-extension-holding-agm.html

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