Company Law - Extension Of Annual General Meeting (AGM) Before going through the procedure for seeking extension for holding AGM, I would like to talk about relevant provisions and circulars related to AGM/EGMs for the financial year 2021-22. Here we will get to know about how to seek extension for holding AGM. What if Companies do not hold […]...
Read MoreCompany Law - CHECKLIST FOR AGM BY COMPANIES REQUIRED TO PROVIDE E-VOTING FACILITY Particulars Reference Compliance to be done required to provide e-voting facility Timelines Before the Annual General Meeting (AGM) Convening of Board meeting through VC mode Section 173 of Companies Act, 2013 read with rule 3 of the Companies (MBP) Rules, 2014 Board...
Read MoreCompany Law - Clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM) Clarification on passing of Ordinary and Special resolutions by the companies under the Companies Act, 2013 read with rules made thereunder on account of COVID-19-Extention of timeline Applicability: Every Company Summ...
Read MoreCompany Law - Article explains provisions related to Compounding of delay in Annual General Meeting (AGM) holding under Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014. It explains about Extension of AGM, Penal Provisions related AGM, Practical problems w.r.t AGM after due date and Compounding Law with RD or NCL...
Read MoreCompany Law - In this editorial author shall discuss the provisions of Compounding of Annual General meeting (AGM) under Companies Act, 2013. Many professionals asked this question, How to go for compounding in case of holding of AGM after Due date. A. PROVISION OF LAW: As per Section 96 of Companies Act, 2013, Every company should hold one […...
Read MoreCompany Law - Institute of Company Secretaries of India MCA: 2022 | April 26,2022 Shri Rajesh Verma, IAS Secretary Ministry of Corporate Affairs Government of India Shastri Bhawan Dr. Rajendra Prasad Road New Delhi -110001 Subject: Request for extension of time limit for holding AGMs through VC or OAVM and EGMs through VC or OAVM or transacting items [...
Read MoreCompany Law - This is to inform you that the Ministry of Corporate Affairs (Registrar of Companies of various States) vide its Order dated 23.09.2021 has extended the timeline to conduct Annual General Meeting (AGM) of the Companies by two months beyond the due date within which the companies ought to have conducted their AGM for the FY 2020-21 ended o...
Read MoreCompany Law - ACAE Request for extension of timelines for holding Annual General Meeting (AGM) under the Companies Act, 2013 for the Financial Year ended 31.03.2021 due to COVID-19 outbreak till 31st December 2021. ASSOCIATION OF CORPORATE ADVISERS & EXECUTIVES (Registered under the Societies Registration Act, 1860) An ISO 9001 : 2015 Certified Org...
Read MoreCompany Law - Representation for extension of timelines for holding Annual General Meeting (AGM) under the Companies Act, 2013 for the Financial Year ended 31.03.2021 due to continued COVID-19 Pandemic DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax Building, 3, Govt. Place West, Ground Floor, Kolkata 700001 Ph 033-22420638 Email : dtpakolkata@gma...
Read MoreCompany Law - CAS requested that as a special case and to mitigate the hardships of Corporate and public at large the time period for holding Annual General Meeting (AGM) for the year ended 31/03/2021 be extended till 31st March 2022....
Read MoreGeneral Circular No. 21/2021 - (14/12/2021) - It has also been decided to allow the companies who are proposing to organize AGMs in 2022 for the Financial Year ended/ending any time before/on 31.03.2022 through VC or OAVM as per the respective due dates by 30th June, 2022...
Read MoreGeneral Circular No. 19/2021 - (08/12/2021) - MCA clarified that companies which have not adhered to relevant timelines for holding of AGM shall be liable to legal action under the provisions of Companies Act, 2013....
Read MoreCL-II-03/252/2021-0/o DGCoA-MCA - (23/09/2021) - it has been decided to advise the Registrar of Companies (RoCs) to accord approval for extension of time for a period of two Months beyond the due date by which companies are required to conduct their AGMs for the financial year 2020-21 ended on 31st March 2021....
Read MoreCircular No. SEBI/HO/CFD/CMD1/P/CIR/2021/602 - (23/07/2021) - After consideration, it has been decided to extend the timeline for conduct of AGM by top-100 listed entities by market capitalization. Accordingly, such entities shall hold their AGM within a period of six months from the date of closing of the financial year for 2020-21....
Read MoreOrder No. ROC/P/Sec 96/2020/414 - (08/09/2020) - AGM due date for the Financial Year ended 31.03.2020 has been extended by 3 Months for all companies A major relief has been granted by MCA by way of granting extension of 3 months for holding annual general meeting and hence Companies with AGM due date as 30.09.2020 can conduct their AGM by 31.12.2...
Read More