The gap between two general meetings should not be more than _______ months.
A
five
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B
ten
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C
fifteen
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D
twenty
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Solution
The correct option is C fifteen As per section 96 of the Companies Act, 2013 A meeting of members of the company where the annual report is presented for adoption is called the Annual general meeting and it is to be held annually by every company except one person company (OPC). A company must hold its AGM within a period of six months from the end of the financial year and to remember the time gap between two annual general meetings should not exceed 15 months.