Extension of AGM deadline grants additional time for companies to hold annual meetings affected by pandemic without separate applications. The Registrar exercises the proviso power to grant an extension of time of three months for holding AGMs (other than first AGMs) for companies within the office's jurisdiction unable to convene their AGM for the financial year ended 31.03.2020 due to the Covid-19 pandemic. The extension is automatic without requiring filing of Form No. GNL-1 and expressly covers pending and previously rejected Form No. GNL-1 applications, which are deemed approved for the extended period.
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Provisions expressly mentioned in the judgment/order text.
Extension of AGM deadline grants additional time for companies to hold annual meetings affected by pandemic without separate applications.
The Registrar exercises the proviso power to grant an extension of time of three months for holding AGMs (other than first AGMs) for companies within the office's jurisdiction unable to convene their AGM for the financial year ended 31.03.2020 due to the Covid-19 pandemic. The extension is automatic without requiring filing of Form No. GNL-1 and expressly covers pending and previously rejected Form No. GNL-1 applications, which are deemed approved for the extended period.
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