✓ Ministry of Corporate Affairs (M(A) through General Circular No. 21/2021 dated 14" December, 2021, allowed companies to conduct Annual Geneal Meeting (AGM) virtually through Video Conlerence or Otherl Audio Visual Means (OAVM) on or belore 30" June, 2022 in accordance with framework provided by MCA in General Circular No. 20/2020 dated 05.05.2020.
# Companies shall mean companes which are proposing to organise AGMs in calendar year 2022 for the financial year ending on/before 31 March, 2022.
✓ Further, it is clarified that this circular shall not be construed as any extension of time for holding AGM. In case where, companies do not adhere to relevant timelines shall be liable to legal action under thel relevant provisions of the Companies Act, 2013.
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