Annual general meeting can be held at a place within postal limits of the city in which registered office is situate though postal limits are wider than municipal limits - Companies Law - Circular : No. 1/1/80‑CL-V,

Circular : No. 1/1/80 ‑ CL-V, dated 16 ‑ 2 ‑ 1981. Subject:- Annual general meeting can be held at a place within postal limits of the city in which registered office is situate though postal limits are wider than municipal limits A question has been raised whether the annual general meeting of a company can be held at a place within the postal limits of the city in which the registered office of the company is situated though the postal limits are wider than the municipal limits of the city. The matter has been carefully examined by the Department. It has been observed that as a result of rapid urbanisation, cities frequently tend to expand beyond municipal limits and in view of this, the expression Every annual general meeting shall be held either at the registered office of the company or at some other place within the city, town or village in which the registered office of the company is situated , used in section 166(2) may be taken to mean both the postal limits and local body limits of the city in which the registered office of the company is situated and where the two do not coincide, the wider of the two. A company can, therefore, hold its annual general meeting at any place within the postal limits of the city in which its registered office is situated, if it is more convenient to its shareholders.