First AGM of the company should be held within _______ from the closing of the first financial year.

4 months

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6 months

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8 months

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9 months

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Solution

The correct option is C 9 months
Section 96 of the Act has provided for procedure of Annual General Meeting of the Company. In case of the first annual general meeting, it shall be held within a period of nine months from the date of closing of the first financial year of the company and in any other case, within a period of six months, from the date of closing of the financial year.

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