Ministry permits AGMs and EGMs by video or postal ballot until further orders; Companies Act, 2013 deadlines remain unchanged

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....A government ministry clarifies that companies may hold AGMs and EGMs by video conference or other audiovisual means, and may transact EGM items via postal ballot, until further orders, subject to the procedural requirements of earlier circulars; this permission does not extend statutory deadlines for holding AGMs under the Companies Act, 2013, and companies failing to meet prescribed timelines remain liable to legal action; all other conditions in the referenced circulars continue to apply.....