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Corporate Laws Corporate Governance Committee The Institute of Chartered Accountants of India 13th December, 2021 ANNOUNCEMENT Sub:Extension of timeline for conduct of Extra-ordinary General Meeting (EGM) through VC or OAVM or transact items through postal ballot upto 30.06.2022. This is to inform you that the Ministry of Corporate Affairs vide its General Circular No 20/2021 dated 08.12.2021 has allowed companies to conduct their EGMs through Video Conference (VC) or Other Audio
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FAQ :
The timeline for conducting EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) has been extended up to 30th June 2022.
Companies can also transact items through postal ballot in accordance with the provided framework until 30th June 2022.
The Ministry of Corporate Affairs (MCA) has issued this extension.
The original circulars provided clarity on conducting EGMs during COVID-19 related social distancing norms and lockdowns, outlining modalities for notices and meeting procedures.
Yes, the circulars provide modalities for companies required to provide e-voting facilities, those who have opted for it, and those not required to do so.
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