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ICAI issues a general circular regarding the holding of Annual General Meetings via Video Conferencing or other Audio Visual-means. Read the official circular given below: Corporate Laws Corporate Governance Committee The Institute of Chartered Accountants of India 18th January, 2021 AN
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FAQ :
The ICAI clarification concerns the holding of Annual General Meetings (AGMs) through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
Companies whose AGMs were due in 2020 or become due in 2021 are affected by this clarification.
Companies can hold their AGMs via VC or OAVM on or before 31st December 2021.
No, the circular clarifies that it is not an extension of time for holding AGMs. Companies that have not adhered to the relevant timelines may still face legal action.
The official circular can be found at http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.02_14012021.pdf
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