Companies can hold AGMs through Video Conferencing or OAVM, as per the Government Instructions
Companies should hold their AGMs within six months’ time, from the end of a financial year.
New Delhi. The Ministry of Corporate Affairs or MCA has allowed all companies to hold their Annual General Meetings or AGM by Video Conferencing r by VC, on Tuesday, May 5th, 2020. They can also adopt other audio-visual means or OAVMs to conduct the meeting, during the calendar year 2020, amidst the Corona virus outbreak crisis.
"On account of need for continuous adherence to the social distancing norms and restrictions placed on movement of persons, it has become necessary and hence it has been decided to allow companies to hold their annual general meeting (AGM) by Video Conferencing (VC) or other audio visual means (OAVM) during the calendar year 2020," the Ministry said in an official ...