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ARTICLE · 10 JUNE 2020

AGMs Through Video Conferences Permitted By MCA

S.S. Rana & Co.
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On April 08, 2020, the MCA, issued a Circular, which when read with the Ministry's subsequent Circular2 dated April 13, 2020, has permitted companies to hold EGMs through video conferences...

IndiaCorporate/Commercial Law
Rupin Chopra
Rupin Chopra
Vibhuti Vasisth
Vibhuti Vasisth
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On April 08, 2020, the Ministry of Corporate Affairs ("MCA"), issued a Circular1 ("EGM Circular I"), which when read with the Ministry's subsequent Circular2 dated April 13, 2020 ("EGM Circular II"), has permitted companies to hold extraordinary general meetings ("EGM") through video conferences or other audio visual means. Even previously, various other relaxations have been introduced by the MCA as a response to COVID-19, which can be referred to here.

Furthermore, in view of the nationwide lockdown and the continued restrictions on the movement of citizens spurred by COVID-19, certain other similar relaxations have also been introduced by way of MCA's Circular3 dated May 5, 2020 ("AGM Circular") for holding the annual general meeting ("AGM") through Video Conferences, during 2020, provided the following compliances are met:

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