Holding AGM due in FY 2022 through video conference or other audio visual means
Ministry of Corporate Affairs (MCA) vide General Circular No 02/2022 dated 05/05/2022 has clarified on holding of Annual General Meeting (AGM) through video conference or other audio visual means.
As per the General Circular No 02/2022 dated 05/05/2022 MCA clarified that Companies whose AGMs are due in FY 2022 can conduct their AGMs on through Video Conference or other audio visual means on or before 31/12/2022.
Virtual AGMs should be conducted in accordance with requirements of Para 3 & 4 of General Circular 20/2020 dated 05/05/2020.
The circular also clarified that, allowing holding AGM up to 31/12/2022 should not be construed as extension of time for holding AGM and AGMs should be hold within relevant timelines.
Read here MCA General Circular 20/2020 dated 05/05/2020 & 5/2022 dated 05/05/2022
