Due date for AGM for private companies.

This rule applies to private companies with FYE after 31-Aug-2018.

Under the Companies (Amendment) Act 2017, private companies are exempted from holding AGMs (i.e., AGM-Exempt) if they send their financial statements to members within 5 months of the financial year end (FYE).

In order to qualify for AGM-Exempt, the company must send the FS within 5 months from FYE to all of the members and the AGM must be held by 6 months from FYE if any member is requesting to hold AGM.

Thus, the due date for holding AGM for all private companies is:

• FYE + 6 Months – 14 Days