Question
The first Annual General Meeting of the company shall
be held ______________Solution
Explanation: Section 96 Annual general meeting- (1) Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it, and not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of the next: Provided that in case of the first annual general meeting, it shall be held within a period of nine months from the date of closing of the first financial year of the company and in any other case, within a period of six months, from the date of closing of the financial year : Provided further that if a company holds its first annual general meeting as aforesaid, it shall not be necessary for the company to hold any annual general meeting in the year of its incorporation: Provided also that the Registrar may, for any special reason, extend the time within which any annual general meeting, other than the first annual general meeting, shall be held, by a period not exceeding three months.
A and B started a business with the investments of Rs. (y-2000) and Rs. (y+4000) respectively. After 4 months of the start of the business, B left it an...
'Ajeet' and 'Bhanu' started a business with investments of Rs. 'p' and Rs. 'p + 200', respectively. Eight months later, 'Ajeet' added another Rs.300 to ...
Aman, Bhanu, and Chinky commenced a business with initial investments in the ratio 5:7:8, respectively. After one year, they made additional investments...
Ashish started a business by investing Rs. 4900. Few months later; Ramesh joined him by investing Rs. 5600 such that at the end of the year, the profit ...
A, B and C joined into a partnership with investment in the ratio of 6 : 7 : 9 respectively. Behind one year, B doubled his investment. At the end of ...
Anjali and Meena invested in a company in the ratio 3:2. After a certain time, the difference in their profit shares turned out to be Rs. 240. What is A...
‘M’ and ‘N’ enter into a partnership. ‘M’ invests 50% more than ‘N’, but ‘N’ invests his money for 40% more time than ‘M’. What ...
‘P’ and ‘Q’ started a business with investment of Rs. 3,000 and Rs. 4,200, respectively. After 8 months, ‘P’ increased his investment by Rs...
A and B enter into a partnership with their initial sum of Rs.30000 and Rs.48000 respectively. After 6 months, a third person C also joins them with his...
Brahma, Vishnu and Mahesh invested money in the ratio of 1/2:1/3:1/4 in a business. After 4 months, Brahma doubled his investment and after 6 months, Vi...