As per the Companies Act, 2013, in general, the maximum time gap specified between two annual general meetings of a company is:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → not more than 15 months
Under Section 96 of the Companies Act, 2013, every company other than a one person company must hold an annual general meeting each year, and not more than fifteen months may pass between the date of one annual general meeting and the next.
Note: This topic is not covered in any edition of the NCERT Accountancy textbook.