NCLT JUDGEMENT ON SECTION 96, 97, 136(6), 143(6) OF THE COMPANIES ACT, 2013
In Re: West Bengal Medical Services Corporation Limited Vs., (2020) 08 NCLT CK 0067 NCLT allowed application filed by the Appellant U/s 97 of the Companies Act, for enabling the applicant to convene Annual General Meeting of the company for the year 2019. While allowing the application NCLT held that it appears to me that this is a fit case to exercise the powers conferred under Section 97 of the Companies Act, 2013. It is always desirable to convene and call AGM as prescribed under the Act, so that company should not infringe the provisions of the Act. Accordingly interim application and CP are allowed directing the applicant to hold Annual General Meeting for the financial year ending on 31.03.2019 by complying all the requirements under the provisions of section 97 of the Companies Act, 2013 with in 45 days from the date of receipt of the e copy of the order.