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    Power to extend AGM after 31st December

    Posted By : Sachin / Published on : 29-Jan-2021 10:42 AM / View : 281 / Comment : 0

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    Dear Sir,

    If the client comes after 31st January 2021 (UDIN last date), can we file with the ROC for extension of AGM?
    Do the ROC has the power to extend the AGM beyond 31st December?
    As per my understanding the ROC cannot extend time beyond 3 months, which they already exhausted.
    Gap between 2 AGM should not be more than 15 months "interval shall not be more than fifteen months between two successive AGM" as per company law.

    To grant extension, Only parliament needs to amend the company law.

    The Registrar of Companies (“RoC”) may extend the time for holding the AGM, other than the first AGM, “for any special reason” by a period not exceeding three months, if it cannot be held within the prescribed time limit.

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