Relaxation introduced by MCA in June 2020

In view of the situation emerging out of the outbreak of COVID-19, which requires adherence of social distancing norms, the stakeholders have pointed about various difficulties MCA after considering this fact granted certain relaxation few of them are briefed as under. The Ministry of Corporate Affairs (MCA) has notified the amendments to Schedule VII of the Companies Act, 2013. The amendment is carried out in Schedule VII is to insert Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES

Relaxation introduced by MCA in May 2020

In view of the situation emerging out of the outbreak of COVID-19, which requires adherence of social distancing norms, the stakeholders have pointed about various difficulties MCA after considering this fact granted certain relaxation few of them are briefed as under. Clarification on holding of annual general meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM) Further clarification on holding of annual general meeting through video conferencing or other audio visual means as follow http://www.mca.gov.in/Ministry/pdf/Circular20_05052020.pdf [Source: MCA