Ministry of Corporate Affairs MCA has vide its Notification dated June 15 2021 notified the amendment in Companies Meetings of Board and its Powers Rules 2014.

Mca circular on video conferencing board meeting. Iii The board of directors of the company shall appoint one or more scrutinizers who must be i either a practising company secretary or chartered accountant or cost accountant or an advocate but not in employment of the company and ii a person of repute who in the opinion of the board. However Rule 4 restrict some matters mentioned below which cant be discussed in Board Meeting through Video Conferencing. Ministry of Corporate Affairs MCA has notified The Companies Meetings of Board and its Powers Amendment Rules 2021 on 15th June 2021.

After the Notification companies are allowed By MCA to hold meetings of their Board for the matters restricted under Rule 4 through video conferencing or other audiovisual means. These Rules came into effect from 15th June 2021. MCA allows Board Meetings to be held through video conferencing or other audio visual means till June 30.

MCA relaxes provisions of Board meetings due to Corona Virus. In the Companies Meetings of Board and its Powers Rules 2014 in rule 4 in sub-rule 2 for the figures letters and word 31 December 2020. Board meetings through video conferencing Extension.

Section 173 of Companies Act 2013 allows to hold Board Meeting through physical as well as video conferencing mode. MCA has relaxed the provisions for physical attendance and allowed video conferencing for meetings among Covid 19 pandemic situation vide General Circular No. All Board meetings conducted through video conferencing or other audiovisual means have to be conducted under the procedure prescribed under Rule 3 of the said Rules.

The said amendment has been notified to delete the provision related to restriction of conducting Board Meeting through Video ConferencingOther Audio-Visual Means for selected agenda items. Conducting Board Meetings Through Video Conferencing and Other Audio-Visual Means. MCA notifies Extended Relaxation for all the Board Meetings through Video Conferencing Read Notification By Mariya Paliwala - On June 24 2020 156 pm The Ministry of Corporate Affairs MCA on Tuesday notified the extension of the relaxation for all the Board meetings to approve its financial statements through Video Conferencing VC or Other Audio-Visual Means OAVM to be.

In a notification issued today the Ministry of Corporate Affairs MCA has relaxed the rule of physical Board Meetings. With the General Circular No. A senior government official said that the move was a response to representations by industry bodies and major corporates that board.