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the annual general meeting must be held withing 6 months of the first incorporation.
e.g 1 may 2010 date of incorporation
first AGM 31Oct 2011and as i was solving your mock there was a question when will the second AGM will be held when the company incorporated on 1 May 2010 and the answer says 31Dec 2012 and i cant understand the logic. According to my logic it must be held on 31 OCT 2012 please help me with this ive got an exam of F4 Eng Cbe on Thrusday
First AGM must be held no later than 6 months after the first accounting reference date – so 18 months after incorporation (not withing 6 months of the first incorporation, as you have written)
Second and subsequent AGMs must be held no more than 15 months after the previous one and, crucially, there shall be an AGM in every calendar year
Look at the question again bearing in mind the 18 months, 15 months and EVERY CALENDAR YEAR rules
Good luck on Thursday
I am stuck on this question as well. How do you arrive at 31 Dec 2012?
-Incorporated on 1 May 2010
-18 months after incorporation for the first AGM is 1 Nov 2011
-15 months after the first AGM is 1 Feb 2012 or 31 Jan 2012 (my answer)
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