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Special measures under the Companies Act 2013 and LLP Act 2008 In view of COVID-18 outbreak- Extension –reg.


 Notice Date : 20 October 2020

General Circular No. 36/2020

File No.2/01/ 2020-CL-V
Government of India
Ministry of Corporate Affairs

5th Floor, ‘A’ Wing, Shastri Bhawan,
Dr. R. P. Road, New Delhi-110001.

Dated: 20th October, 2020

To

The DGCoA,

All Regional Directors,

All Registrar of Companies, All Stakeholders.

Subject: Special Measures under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID- 19 outbreak — Extension — reg.

Sir/Madam,

In continuation to General Circular No. 11/2020 dated 24th March 2020, keeping in view the requests received from various stakeholders seeking relaxation from the residency requirement of 182 days in a year and after due examination, it is hereby clarified that non-compliance of minimum residency in India for a period of at least 182 days in a year, by at least one director in every company, under section 149 of the Companies Act, 2013 shall not be treated as non-compliance for the financial year 2020-­2021 also.

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

2. File No.7/26/2020-CL-I and 3. Guard file.

 

Guest
on 23 October 2020
Notification No : General Circular No. 36/2020
Published in Corporate Law
Source : , http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.36_20102020.pdf


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