Board Meeting Through Video Conferencing Extension

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS. Now the Companies Meetings of Board and its Powers Fourth Amendment Rules 2020 has further extended the aforementioned deadline to 30th June 2021. Section 1732 of Companies Act 2013 The Act read with Rule 3 of the Companies Meetings of Board and its Powers Rules 2014 The Rules The participation of directors in a meeting of the Board may be either in person or through video conferencing or other audio-visual means as may be prescribed which are capable of recording and recognizing the participation of the directors and of.

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Earlier MCA had given relaxation till 30th September 2020.

Board meeting through video conferencing extension. 1 These rules may be called the Companies Meetings of Board and its Powers Third Amendment Rules 2020. Many queries were received from professionals by me which includes. The time limit for submitting the annual financial results with the stock exchange has also been extended to June 30 from May 15 for unaudited results and May 30 for audited results.

As per section 173 of the Companies Act 2013 the board of directors of a company can hold meeting through video conferencing VC or other audio visual means Extension of date for conducting Board Meeting through VCOAVM. New Delhi the 30th December 2020. In a significant relief for India Inc the Corporate Affairs Ministry MCA has extended by six months the window to conduct Board meetings via video conferencing or other audio visual means for.

MCA has extended the provision for Board meetings through Video Conferencing or Other Audio-Visual Means admin The Ministry of Corporate Affairs vide its notification dated 23rd June 2020 has notified the Companies Meetings of Board and its Powers Second Amendment Rules 2020. SEBIHODDHSDDHSCIRP2020201 dated October 08 2020. Extension for Board meetings to be held through video conferencing other audio visual means.

MCA has issued circular General Circular No. 022021 dated January 13 2021 in respect of Extension of Holding of AGM through Video Conferencing. Click here to view Rules.

The Annual General Meeting and Board meeting ensure smooth functioning promote transparency provide updates and a number of matters with regards to corporate governance discussed and voted upon in such meetings. Board meetings through video conferencing Extension. Companies can now conduct board meetings through video conference and other audio visual means till September 30 with the government extending the time period amidst the coronavirus pandemic.

It provides that a meeting on the restricted items specified in Rule 4 including certain items such as approval financials and boards report etc. MCA again extends due dates for conducting Board meetings through Video Conference OAVM for approving Financial Statements By Taxscan Team - On December 31 2020 326 pm The Ministry of Corporate Affairs MCA notified the Companies Meetings of Board and its Powers Fourth Amendment Rules 2020. Holding Annual General Meeting and Board Meetings through video conferencing or other audio-visual means.