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.

Can general meeting be held through video conferencing. With the advent of Companies Act 2013 the Act holding of Board meetings through video conferencing or other audio visual was permitted under the law. Can AGM be held through video conferencing VCS or other audio video means OAVM Yes as per general circular no. For the first time the Act facilitated the concept of e-voting.

For which financial year AGM can be held through Video Conferencing. The new rules announced by the Government for conducting Board Meetings through video conferencing though covering all aspects of Meetings through Video Conferencing lack cohesiveness. Board Meeting through Video Conferencing under Companies Act 2013.

Such meetings may till 30 th June 2020 be held through video conferencing or other audio visual means by duly ensuring compliance of rule 3 of the said rules. No all matters cannot be dealt with in a meeting conducted through video conferencing. 202020 dated 5th May 2020 has allowed certain classes of companies to conduct their Annual General Meeting AGM through video conferencing VC or other audio-visual means OAVM during the calendar year 2020.

As per the circular AGM can be held through VC in the calendar year 2020 2021. To ensure that no person other than the concerned director are attending or have access to the proceedings of the meeting through video conferencing mode or other audio visual means to ensure that participants attending the meeting through audio visual means are able to hear and see the other participants clearly during the course of the meeting. As stated in Section 173 2 of Companies Act 2013 read with Rule 3 of the Companies Meetings of Board and its Powers Rules 2014 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.

Due to COVID-19 pandemic MCA vide its Circular dated 08th April 2020 has issued procedural guidelines in respect of conduct of extra ordinary general meetings through video conferencing VC or other audio visual means OAVM on or before 30th September 2020. Now companies are allowed to conduct their Annual General Meeting through video conferencing VC or other audio-visual means OAVM during the calendar year 2020 by following the prescribed framework without requiring the shareholders to physically assemble at. 20 2020 dated 5 th May 2020.

The general meeting can be hold through VCs and OAVM. Further the Institute of Company Secretaries of India has also issued its Guidance dated April 4 2020 on the applicability of Secretarial Standards on board and general meetings. While Circular dated 08th April 2020 came as a welcome relief but it failed to.