Role of Company Secretary

Role of Company Secretary in convening Annual General Meeting

The Role of Company Secretary in administering and managing the business affairs of the Company has been increased over the years. The Company Secretary is responsible for statutory compliance of the company with the regulators. In today’s business climate, the role of Company Secretary (CS) has been intensified with greater responsibilities and duties. In addition to preparing agendas and setting up board meetings, company secretaries are becoming key individuals within their companies. According to the […]

Annual General Meeting

Annual General Meeting requirement in case of Listed entities

Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. Annual General Meeting requirement in case of Listed entities is lengthier than unlisted companies. If the Company is listed, it needs to comply further with the provisions of Securities and Exchange Board of India (SEBI), various other Regulations also […]

Power of Tribunal to call Annual General Meeting (AGM)

Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. Section 97 of the Companies Act, 2013 states the Power of Tribunal to call Annual General Meeting (AGM) in case of default in convening annual general meeting In case the company makes default in holding the Annual General Meeting, any […]

Extension for convening Annual General Meeting

Extension for convening Annual General Meeting (AGM)

The Power to grant extension for convening Annual General Meeting (AGM) lies with the Registrar of Companies (ROC). Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. The First Annual General Meeting shall be held within nine months from the closing of the first financial year. Subsequent, All […]

Annual General Meeting

Annual General Meeting under Companies Act 2013 – PART 2

In Continuation to the previous post on Annual General Meeting (AGM): Content of Annual General Meeting Further, the following documents are also to be sent with the notice calling Annual General Meeting: – Copy of Annual Accounts / Financial statements of the Company; – Directors’ Report and its annexures representing Company’s position for the given financial year; – Auditors’ Report and its annexures and – Any other required documents. Matters to be discussed at the […]

Annual General Meeting

Annual General Meeting under Companies Act 2013 – PART 1

Section 96 of the Act deals with the provisions of the Annual General Meeting (AGM) under Companies Act, 2013. What is Annual General Meeting? Section 96 states that every Company registered in India other One Person Company (OPC) is required to hold a general meeting in addition to any other meeting, in each financial year for its members, called the Annual General Meeting (AGM). Purpose of AGM The purpose of an Annual General Meeting is to […]