Quick Summary
The Council of the Institute of Cost Accountants of India at its 331st Meeting held on 30th and 31st May 2021, has given sixrelaxations to its members, keeping in view the drastic impact of the second wave of the COVID-19 pandemic. Read the official notification and all the relaxations given, below:
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FAQ :
ICMAI has introduced these relaxations to address the drastic impact of the second wave of the COVID-19 pandemic on its members.
ICMAI has provided six relaxations to its members.
The due date for holding the Annual General Meeting of a Chapter for 2021 has been extended to 31st July, 2021, from the original deadline of 31st May, 2021.
Yes, Annual General Meetings for 2021 can be conducted through video conferencing or any other electronic mode, provided due notice is issued electronically and the required quorum is present electronically.
The consideration and adoption of annual accounts for the financial year 2020-21 are now due by 31st July, 2021. Forwarding these accounts to the Council is due by 16th July, 2021.
The date for the election of office bearers for the year 2021-22 has been automatically extended to 31st July, 2021, following the extension of the Annual General Meeting date.
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