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CS Executive · Company Law and Practice · General Meetings

Zenith Agro Producers Ltd, a Producer Company, was incorporated on 1 April 2026. Within how many days from the date of incorporation must it hold its first annual general meeting under the Companies Act, 2013 as set out in the Producer Company provisions?

A Producer Company must hold its first annual general meeting within ninety days from the date of its incorporation. The sixty-day period in the same section relates to filing the AGM proceedings and accounts with the Registrar, not to holding the first meeting.

  1. ASixty days
  2. BNinety daysCorrect
  3. COne hundred and twenty days
  4. DNine months

Explanation

Section 378ZA(2) requires a Producer Company to hold its first annual general meeting within ninety days from the date of its incorporation. Sixty days is the period for filing the AGM proceedings with the Registrar, not for holding the first AGM.

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