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Q & A

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A Company was incorporated on 9th January, 2015. By default, the Company has closed its financial accounts on 31st March, 2015. What is the remedy available?

Accounts

Posted By: Santosh pradhan 8 year(s) ago

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    SHIV KUMAR AGARWAL

company must to held agm by 30.09.2015 or 31.12.2015. for filing purpose aoc-4 & mgt-7 shold be filed & appointment of auditor is done according to section 139(5) in agm thus, within 15 days of agm adt-1 is filed

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    Shivam Singhal

If Company closed its first financial year on 31.03.2015, then it should hold its first AGM by 31.03.2015 & subsequently done annual filling accordingly i.e. (1) AOC-4 within 30 days from the date of AGM, where financial statement was adopted as per section 137 (2) MGT-7 within 60 days from the date of AGM or due date of AGM (whichever is earlier).

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    V. Maslekar

If the Company in question has closed its Accounts as on 31.03.2015, then it should comply with the Provisions of Sec.134 and Sec.96 of the CA 2013.

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