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The interval between two ‘Annual General Meetings’ of a Public Company shall not exceed how many months?
Question

The interval between two ‘Annual General Meetings’ of a Public Company shall not exceed how many months?

A.

15 Months

B.

18 Months

C.

20 Months

D.

12 Months

Correct option is A


The correct answer is  (a) 15 Months.
According to Section 96(1) of the Companies Act, 2013, the interval between two Annual General Meetings (AGMs) of a company shall not exceed fifteen months.
Additionally:
· Every company must hold its first AGM within nine months of the close of its first financial year.
· In any other case, every company must hold an AGM within six months of the close of the financial year.
· However, the maximum interval between two consecutive AGMs is capped at 15 months.

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