Sirius Petroleum Share Discussion Threads

[cornishtrader1000] 07/9/2016 12:44

So AGM must be by 30/09 so minus the notification period the RNS should be due.

[minichris] 07/9/2016 12:41

March 31st is the date, so 6 months from this.

[carc] 07/9/2016 12:39

But that would mean all of the recent AGMs have been late, Witchywoo?

I thought the ARD was the date of incorporation, when the AR is due.

[minichris] 07/9/2016 12:38

Apparently the reference date is the month end of the date of incorporation.

[witchywoo] 07/9/2016 12:36

no, it's 31st Dec - they changed a number of times since incorporation, last change (I can find) being

19 Aug 2010 - Current accounting period extended from 31 July 2010 to 31 December 2010

[minichris] 07/9/2016 12:35

So does the reporting period end differ from the reference date?

[solarno lopez] 07/9/2016 12:34

Accounts

Next accounts made up to 31 December 2016
due by 30 June 2017

Last accounts made up to 31 December 2015

[carc] 07/9/2016 12:27

Horrible feeling it's July 16th...

[witchywoo] 07/9/2016 12:11

pretty clear, what's our accounting reference date!

[solarno lopez] 07/9/2016 12:10

I am writing to the Registrar of Companies to ask for an explanation as to why the directors of SRSP are able to flout the 2006 Companies Act legislation around the calling of an AGM.

[solarno lopez] 07/9/2016 11:59

Thanks Mini

[superhuperdrugdealer] 07/9/2016 11:57

Watch this drop ...

[1alfi] 07/9/2016 11:49

Australia Business Directory

HAVOC SERVICES PTY LTD

ACN: 164767211

Havoc Services Pty Ltd was incorporated on 11 July 2013 (Thursday)and as of 11 August 2016 (Thursday) is a Registered Australian Private Company.
This Australian Private Company have been operating for 1154 days.

[minichris] 07/9/2016 11:47

Every public company must hold a general meeting as its annual general
meeting in each period of 6 months beginning with the day following its
accounting reference date (in addition to any other meetings held during that
period).



There are no rules for extra time, just fines for going over.

[solarno lopez] 07/9/2016 11:46

Sher it would appear you are quoting from the Indian Companies ACT 2013

[solarno lopez] 07/9/2016 11:43

Whilst we are all idling chattering away anther 2m buy goes through

[carc] 07/9/2016 11:40

An AGM must be held no more than 6 months after the end of the financial year (March 31st).However, there must be no more than 15 months between AGMs. (So you couldn't have one in April 2015 and then August 2016, as the gap is more than 15 months).That's how I interpret it.

[sherl0ck] 07/9/2016 11:38

hxxp://www.corporate-cases.com/2012/07/time-limit-for-holding-annual-general.html?m=1

(3) INTERVAL BETWEEN TWO AGMs
The provisions of Sub-Section (1) of Section 96 of the Companies Act, 2013 clearly states that the period between two Annual General Meetings shall not be more than (15) fifteen months.

Looks like both deadlines apply so the question is whether one always supersedes the other or if it's simply dictated by which is the soonest of the two. One also assumes that a 3 month extension can be requested.

[solarno lopez] 07/9/2016 11:16

Not sure you are correct Sherlock as slaughter and may states 6 months after the financial year end

[sherl0ck] 07/9/2016 11:06

Sol - 15 months max period between AGM applies to all Listed companies thereafter.

Havoc Services Pty Ltd appears to be linked specifically to Mark Sofield. His LinkedIn shows him there in Jan 13, while the other partners were still employed at Ophir and elsewhere. Then all 5 partners commence with Havoc Partners in Jan 14. So it looks like HSPL was Mark's own company. Whether this still exists as a separate entity under his sole name and control, or has been disbanded and replaced by Havoc Partners is hard to tell, but they are two separate distinct entities (Ltd & LLP). Perhaps the money for technical work outlined in the AR has been specifically provided by Mark himself and is being kept separate to other wider stuff Havoc Partners are doing? Who knows....?

[6cer] 07/9/2016 11:00

Bumsniffer - hope your genital warts fester and that they are out of reach of you applying wart cream. Question is - who will apply the cream for you - no takers.

[solarno lopez] 07/9/2016 10:49

Isn't the 15 month time line in relation to a new company and they are allowed to hold their AGM within 15 months of formation