Practice free →
HomeCA IntercorporatelawsAGM Gap › Maximum gap permitted between two AGMs is:

Maximum gap permitted between two AGMs is:

Answer & Solution
Correct answer: B.
1. Section 96(1) — gap between two AGMs cannot exceed 15 months. 2. Subsequent AGM must thus be held within 15 months of the prior AGM, or 6 months from the close of the FY, whichever is earlier. 3. Hence (D). _Source: ICAI BoS CA Inter Paper 2 — Management and Administration_
Solve this in the app — CA Inter practice & 24k+ MCQs →