,
As per Companies Act, 2013, all the Companies are required to conduct its AGM within 6 months from the end of Financial Year (except for the First AGM). Whereas, Due to COVID19 MCA has extended the timeline for conducting Annual General Meetings by the Companies, which are following calendar year as their Financial Year i.e. from 1st January to 31st December.
Now, The revised due date is September 30, 2020, instead of June 30, 2020.
In order to know more, please find below the circular issued by the Ministry of Corporate Affairs in this regard:
Disclaimer: Although due care and diligence have been taken in the preparation and uploading this Regulatory Updates, Bhavya Sharma & Associate shall not be responsible for any loss or damage, resulting from any action taken on the basis of the contents of this Regulatory Updates. Anyone wishing to act on the basis of the material contained herein should do so after cross-checking with the circulars, notifications, press release issued by the concerned department.
Disclaimer: Although due care and diligence have been taken in the preparation and uploading this Regulatory Updates, Bhavya Sharma & Associate shall not be responsible for any loss or damage, resulting from any action taken on the basis of the contents of this Regulatory Updates. Anyone wishing to act on the basis of the material contained herein should do so after cross-checking with the circulars, notifications, press release issued by the concerned department.
0 Comments