Time for conducting EGMs through VC or OAVM extended till 31.12.2020

Time for conducting EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) also stand extended till 31.12.2020.

In continuation of the extensions being given for compliance relaxations previously announced, MCA has extended the time period upto which companies can conduct their board meetings through VCs or Other Audio Visual Mechanism for all items of business to 31.12.2020.

General Circular No. 33/2020

F.No. 2/6/2020-CL-V
Government of India
Ministry of Corporate Affairs

5th Floor, ‘A’ Wing, Shastri Bhawan,
Dr. R. P. Road, New Delhi

Dated: 28th September, 2020

To
The DGC0A,
All Regional Directors,
All Registrar of Companies.
All Stakeholders.

Subject: Clarification on passing of ordinary and special resolutions by companies under the Companies Act,2013 read with rules made thereunder on account of COVID-19- Extension of time -reg.

Sir/ Madam,

In continuation to this Ministry’s General Circulars No.14/2020 dated 8th April, 2020, No.17/2020 dated 13th April, 2020 and No.22/2020 dated 15.06.2020 and after due examination and it: has been decided to allow companies to conduct their EGMs through VC or OAVM or transact. items through postal ballot in accordance with the framework provided in the aforesaid Circulars upto 31st December, 2020. All other requirements provided in the said Circulars shall remain unchanged.

2. This issues with the approval of the competent authority.

Yours faithfully,
(KMS Narayanan)
Assistant Director (policy)

Copy forwarded for information to:-1. e-governance section and web contents officer to place the circular on MCA website and 2. Guard file.

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