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The Companies Act, 2013 (“the Act”) does not contain any provision with respect to convening general meetings through electronic mode. Earlier, by general circular 14/2020 and 17/2020, the Ministry of Corporate Affairs (“MCA”) allowed EGMs through video conferencing (“VC”) or any other audio-visual means (“OAVM”)...
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There is global consensus that COVID-19 transmission chain can be interjected with containment measures. Containment efforts require rapid identification and quarantine of potential carriers or “contacts” who may have contacted the virus through a confirmed patient. Manual tracing requires the patient to jog their memory,...
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In view of the extension of the lockdown in India, the functioning of the courts continues to remain extremely negligible. Various courts and forums have issued renewed notifications which are highlighted below:
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By a general circular 18/2020 issued on April 21, 2020, the Ministry of Corporate Affairs (“MCA”) extended the due date for Annual General Meeting (“AGM”) from June 30, 2020 to September 30, 2020 of companies whose Financial Year (“FY”) followed the calendar year basis, i.e....
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By a general circular 14/2020 dated April 8, 2020, the Ministry of Corporate Affairs (“MCA”) allowed the companies to convene Extra-ordinary General Meetings (“EGMs”) through video conferencing or any other audio-visual means without the physical presence of any shareholder.
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