The notice for conducting the annual general meeting of Mickey House Limited was sent on 3rd August, 2025 to all the stakeholders, who were eligible…

CA Intermediate · Corporate and Other Laws · MTP · May 2026
The notice for conducting the annual general meeting of Mickey House Limited was sent on 3rd August, 2025 to all the stakeholders, who were eligible to receive the notice. The said notice specified that the Annual General Meeting (AGM) will be held on 5th September, 2025, But, due to want of quorum, said AGM was adjourned to 12th September 2025. In the said meeting held on 12th September, 2025, the financial statements of the company could not be adopted due to some unavoidable circumstances. Since the financial statements of the company could not be adopted in the above meeting, the directors did not file the financial statements relating to financial year 2024-2025 with the Registrar on the plea that the financial statements of the company were not adopted in general meeting and therefore there is no necessity to file any financial statement with the Registrar till the same are not adopted. On 2nd December, 2025, an extra-ordinary general meeting was conducted, in which the financial statements of the company were adopted. Since, the Company Secretary was on a business tour and was absent from India from 10th December, 2025 to 2nd January, 2026, the adopted financial statements were filed with the Registrar only on 3rd January, 2026. On the basis of above facts and by applying applicable provisions of the Companies Act, 2013 and the applicable Rules therein, choose the correct answer (one out of four) of the following Multiple Choice Questions (of 2 marks each) given herein under:
(A) Mickey House Limited should inform the Registrar the fact that the AGM could not be held for want of quorum and therefore the financial statements will be filed with the Registrar only when they are adopted in a general meeting.
(B) Mickey House Limited should inform the Registrar the fact that the AGM could not be held for want of quorum, but the un-adopted financial statements will be filed with the Registrar within a period of 30 days from 5th September, 2025.
(C) There is no obligation on the part of Mickey House Limited to inform the fact to the Registrar that the AGM could not be held for want of quorum, but the un-adopted financial statements will be required to be filed with the Registrar within a period of 30 days from 5th September, 2025.
(D) There is no obligation on the part of Mickey House Limited to inform the Registrar the fact that the AGM could not be held for want of quorum. Also, the un-adopted financial statements will not be required to be filed with the Registrar in this situation.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

There is no obligation on the part of Mickey House Limited to inform the fact to the Registrar that the AGM could not be held for want of quorum, but the un-adopted financial statements will be required to be filed with the Registrar within a period of 30 days from 5th September, 2025.

Topics: Accounts of Companies, Management & Administration

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