Annual General Meeting via video conference permitted for eligible companies, but statutory deadlines remain and legal action may follow. Companies with AGMs due in 2021 may hold those AGMs by video conference or other audio visual means in accordance with the procedural requirements set out in the referenced circular. This clarification does not confer an extension of the statutory time for holding AGMs under the Companies Act, 2013, and companies that do not meet the statutory timelines remain liable to legal action.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Annual General Meeting via video conference permitted for eligible companies, but statutory deadlines remain and legal action may follow.
Companies with AGMs due in 2021 may hold those AGMs by video conference or other audio visual means in accordance with the procedural requirements set out in the referenced circular. This clarification does not confer an extension of the statutory time for holding AGMs under the Companies Act, 2013, and companies that do not meet the statutory timelines remain liable to legal action.
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