Last date to hold AGM by OAVM (Video Conference) further extended till Dec 31, 2022
The Ministry of Corporate Affairs (MCA) vide General Circular No. 2/2022 dated 05.05.2022 clarifies last date for holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM) further extended till December 31, 2022.
The Circular is Given Below:
With reference to Ministry’s General Circular Nos. 20/2020 dated 05.05.2020, General Circular No. 02/2021 dated 13.01.2021, General Circular No. 19/2021 dated 08.12.2021 and 21/2021 dated 14.12.2021, it has been decided to allow the companies whose AGMs are due in the Year 2022, to conduct their AGMs on or before 31st December, 2022 in accordance with the requirements laid down in Para 3 and Para 4 of the General Circular No. 20/2020 dated 05.05.2020.
2. It is clarified that this Circular shall not be construed as conferring any extension of time for holding of AGMs by the companies under the Companies Act, 2013 (the Act) and the· companies which have not adhered to the relevant timelines shall be liable to legal action under the appropriate provisions of the Act.
3. This issues with the approval of the Competent Authority.
For Official Circular Download PDF Given Below: