LW English Chapter 12 Questions Company Law: Meetings and Resolutions
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sir from first AGM called 18 month and subsequentlly it contain15 month soit is total 33 month no from 1 may 2015 may june july aug sep oct nov dec ok it is for 2015 then jan to dec 2016 and lastly it has 13 month remain so how it is dec 2017
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Can someone please break down how you get the answer for question 4?
1st AGM – 18 months after incorporation –From 1st May 2015 – 31ST October 2016 is 18 months
2nd AGM and subsequent AGM’s – no more than 15 months after the previous – From 1st November 2016 to 31st January 2018 is 15 months
so why is the answer 31 jan 2017?
First AGM, 18 months after incorporation
Second and subsequent AGMs, no more than 15 months after the previous
BUT, there must be an AGM in each calendar year and if that second AGM is delayed until January 2018,then there would have been no AGM in 2017
OK?
Do you think that maybe it’s because the question asks for the latest date for the SECOND AGM?
Oh, I see. Thanks for reminding.
You’re welcome
For question 4. the answer I’m getting is 31st January 2018 which it says wrong. To my calculation 15months after first Agm (18months) after incorp.
Please advise.
yes, me too – 32 months comes up as Jan 2018.
Gosiajast, where does “32” come into the reckoning?
First AGM, 18 months after incorporation
Second and subsequent AGMs, no more than 15 months after the previous
BUT, there must be an AGM in each calendar year and if that second AGM is delayed until January 2018,then there would have been no AGM in 2017
OK?
For Question 4, isn’t the latest date no more than 18 months after incorporation
The question say it’s incorporated on 1 May 2015.
Why the answer is 31 December 2017 ?