Companies Act

MCA clarifies on holding AGM by Video Conferencing/ other audio visual means

MCA clarifies on holding AGM by Video Conferencing/ other audio visual means

Earlier, MCA vide general Circular No. 19 of 2021 dated 18.12.2021 general circular No. 20/2020 dated 5th May 2020 General Circular 21/2021 dated 14.12.2021 and general circular No. 02/2021 dated 13.01.2021 had allowed the companies whose AGMs were due in Year 2022 to conduct their AGMS on or before 31.12.2022 as laid down in the circular 20/2020.

MCA vide General Circular No. 2/2022 dated 05.05.2022 has clarified that this should be be considered as extension of time for holding AGMs by the companies who have not adhered to relevant timelines and shall be liable to penal provisions as applicable.

Download MCA General Circular No. 02/2022 Click Here >>

----------- Similar Posts: -----------
Share

Recent Posts

  • Income Tax

Mere technical mistake in return cannot be a ground of disallowing a claim

Mere technical mistake made by assessee while filing up return cannot be a ground of disallowing the claim when such…

1 hour ago
  • Income Tax

Capital gain deduction u/s 54B for land purchased in wife’s name SC stays HC Order

Denial of Capital gain deduction u/s 54B for agricultural land purchased in the name of wife Supreme Court stays High…

3 hours ago
  • Income Tax

Surrounding circumstances, prudent investor behaviour key to creditworthiness

CIT(A) was justified in considering surrounding circumstances, the normal human conduct of a prudent investor, the probabilities to judge creditworthiness…

5 hours ago
  • GST

HC frowns at Provisional attachment orders under GST not lifted on expiry of one year

High Court frowns at Provisional attachment orders passed u/s 83(1) GST lifted only their illegality being questioned In a recent…

9 hours ago
  • Income Tax

In Faceless assessment grant of opportunity of personal hearing not optional for AO

In Faceless assessment grant of opportunity of personal hearing is not optional at discretion of the Assessing Officer its waiver…

9 hours ago
  • Income Tax

CBDT Guidelines for compulsory selection of return for complete scrutiny FY 2024-25

CBDT Guidelines for compulsory selection of return for compulsory scrutiny during FY 2024-25   CBDT Guidelines for compulsory selection of…

1 day ago