Explanation
Under Section 96 of the Companies Act 2013, every company must hold an AGM within 6 months of the close of each financial year — except for the first AGM (within 9 months of the close of the first FY). For a company with FY ending 31 March, the AGM must be held by 30 September. If not held, the ROC can call a meeting under Section 97. Penalty for default: ₹1,00,000 on the company and every officer in default, plus ₹5,000 per day of continuing default. The AGM triggers the due dates for AOC-4 (30 days after AGM) and MGT-7 (60 days after AGM). Verify on the MCA V3 portal before filing.