As per Para 2 of Circular.

Video conferencing annual general meeting. A Digital Initiative of MCA May 7 2020 May 7 2020 SG Gupta As we all are aware with the ongoing circumstances of lockdown the impact of COVID-19 pandemic has brought about a new set of challenges for the Indian economy. The Ministry of Corporate Affairs MCA vide General Circular No. General Circular No.

MCA issued another Circular and permitted the companies to hold the annual general meeting through VC or OAVM during the calendar year 2020. In continuation of this Ministrys General Circular No. MCA provides clarification on Extension of Annual General Meeting AGM for the Financial Year ended on 31st March 2020.

After having received notices from various administrative bodies to legitimately recognize the participation in board meetings shareholders meetings and general meetings through video conference the Ministry of Corporate Affairs MCA finally took the initiative to incorporate digital means for the deliverance of official notices ie the. To facilitate the companies and businesses in India The Ministry of Corporate Affairs MCA has now allowed companies to hold their Annual General Meeting AGM by Video Conferencing VC or other audio visual means OAVM during the calendar year 2020 amidst the COVID-19 crisis. View Press Release issued by Min of Corporate Affairs on 20052011.

As per the circular Companies can hold Annual General Meeting through Video Conference subject to fulfilment of following Conditions. 202020 dated 05th May 2020 and after due examination it has been decided to allow companies. Notice is hereby given that the _____th annual general meeting of the name of the company will be held on day date at time of the meeting through video conferencing vc other audio visual means oavm to transact the following business.

022021 dated January 13 2021 issued Clarification on holding of annual general meeting AGM through video conferencing VC or other audio visual means OAVM. MCA has prescribed certain additional guidelines which a company needs to follow to hold AGM through VC or OAVM in. Clarification on holding of annual general meeting AGM through video conferencing VC or other audiovisual means OAVM.

The Companies Act 2013 Act does not provide provisions of holding Annual General. 202020 dated 5th May 2020 has clarified that the companies are allowed to conduct Annual General Meeting AGM through Video Conferencing or other audio visual means due to lockdown or COVID-19 outbreak. The Ministry of Corporate Affairs has vide General Circular No.