Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means)

Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means)
Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 1
ca study shop
ca study shop
ca study shop
ca study shop
ca study shop

NON-ACADEMIC ICAI UPDATE (NOT RELEVANT FOR EXAMS BUT FOR GENERAL AWARENESS)

CA Study

Hello Everyone,

Please find text of the Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) notification below –

Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means)

Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India
18th January, 2021
ANNOUNCEMENT
Sub: Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means)

This is to inform you that Ministry of Corporate Affairs has issued Circular no. 02/2021 dated 13th January, 2021 wherein companies whose AGMs were:due to be held in the year 2020, orbecome due in the year 2021are allowed to conduct their AGM on or before 31st December 2021 through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) i.e. in accordance with the requirements as provided in paragraphs 3 and 4 of the General Circular No. 20/2020 dated 5th May, 2020.

Further, it has been clarified, that the circular shall not be considered as any extension of time for holding of AGMs by the companies under the Companies Act, 2013 and the companies which have not adhered to the relevant timelines shall remain subject to legal action under the Companies Act, 2013.

Circular is available at the link- http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.02_14012021.pdf

Members may note the above.

Sincerely Yours,


Chairman and Vice Chairman
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

Official Link of Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) notification can be accessed from below –

https://www.icai.org/post/clarification-on-holding-of-agm-through-vc

Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 2 Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 3 Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 4 Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 5
Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 6 Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 7 Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 8

That’s all for now. Stay Connected for more such authentic updates.

Jai Hind, Vande Mataram
Team CA Study

Clarification on holding of AGM through VC (Video Conferencing) or OAVM (Other Audio Visual Means) 9

ca study

Join Whatsapp Group & Broadcast List by CA Study -

Enter your mobile number & click submit button to join whatsapp group & broadast list by CA Study for receiving free notes, ICAI Notifications & Doubts Clearance in Whatsapp Groups (Separate Group for male & female). Make sure to save 82691-77887 in contacts in order to receive whatsapp broadcast alerts.

  •  

error: Right Click & Content Copy is Disabled!!
Need Help?
Powered by CA Study
Need Support? Help is Just a Click Away.