Question

1.5 marks

Q.No:5
The gap between two annual general meeting
cannot exceed
A) 6 months
6
B) 12 months
C) 15 months
D) 18 months​

Answer 1

C) 15 months

Step-by-step explanation:

As per the law, a company with two or more shareholders must hold an Annual AGM every year. The AGM for a new company must be held within the first nines months after the financial year.

The AGM for an existing company must be held not later than six months after the end of a financial year. However, the law has set 15 months as the maximum gap of time allowed between two general meetings.