 "AGMs, annual general meeting")
The Ministry of Corporate Affairs has clarified that companies whose annual general meetings are due in 2021 have to conduct them within the specified time limit and video conferencing is allowed till June 30,2022.
MCA has said that its circular should not be construed as conferring any extension of time for holding annual general meetings by the companies under the Companies Act, 2013. “Companies which have not adhered to the timelines shall be liable to legal action under the appropriate provisions of the Act,” MCA said.
In September, MCA had allowed a two-month extension to the deadline for companies to
