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General Circular No. 22/2020 F.No. 02/01/2020 CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-1. Dated: 15.06.2020 To 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,
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FAQ :
The MCA has decided to extend the validity for companies to hold Extraordinary General Meetings (EGMs) through video conferencing (VC) or other audiovisual means (OAVM).
The validity for holding EGMs through VC or OAVM has been extended until September 30, 2020.
The previous deadline for holding EGMs virtually was June 30, 2020.
Yes, the framework provided in the earlier circulars, which includes passing of certain items through postal ballot without convening a general meeting, is also extended until September 30, 2020.
No, all other requirements provided in the earlier circulars remain unchanged.
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