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General Circular No. 27/2020 F. No. 2/4/2020-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi Dated: 3rd August , 2020 To All Regional Directors, All Registrar of Companies, All Stakeholders. Subject: Clarification
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FAQ :
The clarification concerns the dispatch of notices under section 62(2) of the Companies Act, 2013, by listed companies for rights issues.
The clarification is applicable for rights issues opening up to 31st December 2020.
The clarification states that an inability to dispatch the notice to shareholders through registered post, speed post, or courier would not be viewed as a violation of section 62(2) of the Act.
Yes, listed companies must comply with the relevant circulars issued by SEBI for this clarification to apply.
No, other requirements provided in the said General Circular remain unchanged.
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