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    <title>Clarification on holding of annual general meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM)</title>
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    <description>AGMs may be conducted via video conferencing or other audio visual means for companies with meetings due in 2020 or becoming due in 2021, subject to compliance with the procedural requirements in paragraphs 3 and 4 of General Circular No. 20/2020. This clarification does not extend the statutory time for holding AGMs under the Companies Act, 2013, and non-compliance with timelines may attract legal action.</description>
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      <description>AGMs may be conducted via video conferencing or other audio visual means for companies with meetings due in 2020 or becoming due in 2021, subject to compliance with the procedural requirements in paragraphs 3 and 4 of General Circular No. 20/2020. This clarification does not extend the statutory time for holding AGMs under the Companies Act, 2013, and non-compliance with timelines may attract legal action.</description>
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