Under company law provisions and rules, the accounts for the year ending 31st march should be approved by AGM on a day before 30th Sept. of the following year.
In the question it is mentioned as two year accounts and thus I am unable to presume the financial year of the company.
In the present scenerio if delay is occurred, the company is having option to pay additonal fee. I presume that the company would have paid the additonal fee and done with the late submissin of accounts.
The sharehodlrs of the company are having certain rights to be exercised in case of ifrregularity and late submission of accounts.
As a good corproate governance practice, the company is required to take care of the interest of all the stakeholdrs apart from the shareholdrs.
If any specific instance of concern or complaint by a customer business enltity, I can give a solution.
dr. vedula gopinath, vgopinath2@yahoo.com 9848227926 corpoate legal consultant