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Question 25 of 33

Q.From the date of its incorporation the First Annual General Meeting is to be conducted within ______ months.

(a) Eighteen
(b) Twelve
(c) Twenty one
(d) Fifteen
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★
76% · 25/33 Questions
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The first Annual General Meeting of a company must be held within eighteen months from the date of incorporation, so the answer is (a) Eighteen.

The Annual General Meeting (AGM) is a meeting of the members held once every year to transact ordinary business such as adopting accounts, declaring dividend, appointing directors and auditors. To give a newly registered company time to complete its first year of operations, a longer period is allowed for the first AGM: as stated in the Tamil Nadu HSC Commerce syllabus, the **first AGM must be conducted within eighteen month …

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