The Ministry of Corporate Affairs has decided to allow companies to conduct their EGMs through VC or OAVM or transact items through the postal ballot in accordance with the framework provided in the below-mentioned circulars up to 30th June 2021. Read the official announcement below:
General Circular No.39/2020
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: 31st December, 2020
To
The DGCoA,
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, No.22/2020 dated 15.06.2020 and No.33/2020 dated 28.09.2020 and after due examination, 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 30th June, 2021. 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.
CAclubindia
