Legal Question in Business Law in India
Can a private limited company commence its business after ten years of its incorporation according to Companies Act 1956 ?
Asked on 12/29/14, 7:30 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
29.12.2014
Dear Sir / Madam,
No, the first Annual General Meeting of the Company has to be held within a maximum period of 18 months from the date of incorporation.
Regards,
Answered on 12/29/14, 8:27 am
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