Clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM)-reg.

General Circular No. 10/2022 ERIE OW. File No. Policy-17/57/2021-CL-MCA una aca /Government of India aidne «ri itera /Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi 110001 Dated: 28.12.2022 To, The DGCoA, All Regional Directors, All Registrar of Companies, All Stakeholders. Subject: Clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM)-reg. Sir/Madam, In continuation to this Ministry’s General Circular No. 20/2020 dated 05.05.2020 and General Circular No. 02/2022 dated 05.05.2022 and after due examination, it has been decided to allow the companies whose AGMs are due in the Year 2023, to conduct their AGMs on or before 30¢* September, 2023 in accordance with the requirements laid down in Para 3 and Para 4 of the General Circular No. 20/2020 dated 05.05.2020. Va It is clarified that this General Circular shall not be construed as conferring any extension of time for holding of AGMs by the companies under the Companies Act, 2013 (the Act) and the companies which have not adhered to the relevant timelines shall be liable to legal action under the appropriate provisions of the Act. 3. This issues with the approval of the Competent Authority. Yours faithfully, Cc / (K Navaryanan) Deputy Director Tel.: 011-2338-7263 Copy to: 1, e-Governance Section and Web Content officer to place the Circular on MCA Website. 2. Guard File —————— Sema || 3 —_ee