What is Annual General Meeting?

According to section 96 of Companies Act,2013 every company shall be held annual general meeting every year and not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of next.

Provided that in case of  the first annual general meeting it shall be held within a period of nine month 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.

Every annual general meeting should be held after issue proper notice to all shareholder of a company or members of a company.

Every annual general meeting shall be held during business hours  and between 9 A. M. to 6 P M. on any day that is not a National Holiday. Annual general meeting can be held at company registered office or,at a place or within the city in which the registered office of the company is situate.