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Home Forum Corporate Laws / SEBI / LLP Month 4 2025 2025 (4) This

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Company petition to NCLT -compounding and EGM to adopt accounts - Corporate Laws / SEBI / LLP

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Would you please guide us in the following scenario : FY 22-23 --AGM took place to appoint auditor etc but not made it Adjourned to adopt standalone / consolidated (incl of wholly owned foreign subsidiary) financial statements -a mistake FY 23-24 - AOC4 was submitted but not MGT 7 8 as we can not mention date of proper AGM in FY 22-23 Planning to go to NCLT for compounding above non-compliance-- is there any direct course correction? Please guide- how to resolve this

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