Time gap between two AGM should not exceed . . . . . . . . months.

12
15
18
21

The correct answer is A. 12 months.

The Companies Act, 2013 requires that a company must hold

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an annual general meeting (AGM) at least once in every financial year. The AGM must be held within 12 months from the end of the previous financial year.

The AGM is an important meeting for shareholders as it is the opportunity for them to meet the board of directors, ask questions, and vote on resolutions. The AGM is also the time when the board of directors reports on the company’s performance for the previous financial year.

If a company does not hold an AGM within the required time period, it may be liable to a fine. The company may also be disqualified from carrying on business.

The options B, C, and D are incorrect because they are not the required time period for holding an AGM.

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