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The Ministry of Corporate Affairs has issued a clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013and has thus, decided to allow companies to conduct their EGMs through VC or OAVM or transact items through postal ballotup to 31st December 2021. Rea
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FAQ :
The Ministry has clarified that companies can continue to pass ordinary and special resolutions by conducting EGMs through VC or OAVM, or by using postal ballots.
Companies can utilise these methods for passing resolutions until 31st December 2021.
These clarifications are related to the Companies Act, 2013.
EGM stands for Extraordinary General Meeting.
No, all other requirements provided in the previous circulars shall remain unchanged.
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