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Post Annual General Meeting Compliances under the Company Laws

Every company, other than a One Person Company is required to hold a general meeting as its Annual General Meeting. It provides the shareholders with an opportunity to meet once a year and discuss important matters pertaining to the company.
Written by:
Shivi Gupta
Published on
28-Sep-19

Every company, other than a One Person Company is required to hold a general meeting as its Annual General Meeting. It provides the shareholders with an opportunity to meet once a year and discuss important matters pertaining to the company. 

The Companies Act, 2013 requires a listed company to adhere to certain compliances after its Annual General Meeting is concluded. A company must fulfil the following compliance post its AGM: 

  • Forward a copy of proceedings of Annual General Meeting to Stock Exchange.

  • Submit the details of a voting result to the Stock Exchange within 48 hours of the conclusion of AGM.

  • Pay the dividend or dispatch the warrants within 30 days from the date of declaration.

  • Submit the notice of Auditor’s appointment with the Registrar in Form ADT-1 within 15 days of Annual General Meeting. 

  • File the Audited Financial Statements along with consolidated financial statement with the Registrar within 30 days of Annual General Meeting.

  • File Annual Return with the Registrar in MGT-7 within 60 days of Annual General Meeting. The Annual Return must be signed by a Director and Company Secretary of the Company.

  • File the report on AGM (in case of a listed public company) within 30 days of AGM.

  • File an explanatory statement annexed to the notice in Form MGT-14 with the Registrar for special resolution and other resolutions passed under Section 117 of the Companies Act, 2013 within 30 days.

  • Prepare and file a report on the Annual General Meeting with Registrar in Form MGT-15 within 30 days of Annual General Meeting.

  • Prepare a statement containing the names, last known addresses and unpaid dividend to be paid to each such person within 90 days of transfer to Unpaid Dividend Account and display it on the website of the Company.

 

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