Company Law

General Meetings [Ss. 96, 100, 103] {Please also refer Special measures incl. Key CoVID 19 effects}

Sr. No.

Particulars

1st AGM

Other AGMs

EGMs

To be held
[1st Proviso to
S. 96(1)]

Within 9 months of the close of FY

Every year, Within 6 months of the close of FY

Whenever the need be

Gap between 2 AGMs

[S. 96(1)]

Not applicable

NOT > 15 months

Not applicable

Extension by ROC
[3rd Proviso to
S. 96(1)]

Not possible

NOT > 3 months

Not applicable

Where
[S. 96(2), S. 100(1)]

UnListed Co: At any place in India if consent is given in writing or by electronic mode by all the members in advance

Co other than covered above, i.e. Listed Co: At registered office or other place in the same city/village/town

WOS of a Co incorporated outside India: Anywhere – no restriction (implied)

Other Co: At a place within India

When [S. 96(2)]

Not on National Holiday i.e. can be held on Sunday also (earlier, not on a public holiday)
During Business hours⟶9 am to 6 pm

No restriction -

Any day, any time

Who can requisition for EGM [S. 100]

Co. having Share Capital↓	Co. NOT having Share Capital↓
No. of members holding NOT <? of paid-up share capital carrying voting right	No. of members having NOT < ? of total voting power of all the members having right to vote

Quorum [S. 103]

Co.	Quorum = No. of members personally present
Public Co having members
≤ 1000	5
> 1000, but ≤ 5000	15
> 5000	30
Pvt Co	2