New Delhi: The government could make virtual board meetings, annual general meetings (AGMs) and extraordinary general meetings (EGMs) a permanent feature. It is considering such a proposal and suitable changes could be made to the Companies Act, a government official said.

The Ministry of Corporate Affairs<\/a> (MCA<\/a>) is looking to permanently shift AGMs, EGMs and board meetings to virtual mode, the official said.

“Since this is the new normal, we are considering making it a part of the normal scheme of things rather than a Covid-19 specific relaxation,” the official said.

Since March last year, the ministry has granted multiple relaxations regarding statutory compliances to companies, in light of the disruptions caused by the pandemic, along with several extensions to various deadlines.

The concessions include a decision to do away with the requirement of a physical board meeting to pass certain resolutions such as approval of mergers or restructuring and the permission to hold AGMs and EGMs via video conference or other audio-visual means (OAVM).

Earlier this month, the ministry permitted firms to hold AGMs via VC or OAVM till December 31, 2021, subject to existing timelines.

Experts feel the move is a step in the right direction, but the ministry would have to design the rules to ensure that shareholders’ interests are protected. This, they said, would require amendments to the Companies Act.
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年度股东会议,特别大会可能会永久虚拟

本月早些时候,外交部允许公司持有旭化成通过VC或OAVM直到12月31日,2021年,受现有的时间表。

Gaurav诺罗尼亚,
等局

发表在2021年1月25日08:48点坚持

新德里:政府可以让虚拟的董事会会议,年度股东会议(旭化成)和非凡的大会(五)一个永久的特性。它正在考虑这样的提议和合适的变化可以使企业行为,一名政府官员说。

的公司事务部(MCA旭化成)正寻求永久转变,五和董事会会议虚拟模式下,官员说。

“因为这是新的标准,我们正在考虑使其事物的正常计划的一部分,而不是一个Covid-19特定放松,”这位官员说。

自去年3月以来,教育部授予多个风头关于法律遵从性公司,根据中断造成的大流行,除了几个扩展各种最后期限。

让步包括决定废除一个物理的要求董事会会议通过某些决议如批准合并或重组和许可旭化成和五强通过视频会议或其他视听手段(OAVM)。

本月早些时候,外交部允许公司持有旭化成通过VC或OAVM直到12月31日,2021年,受现有的时间表。

专家认为,此举是在正确的方向迈出的一步,但外交部必须设计规则,以确保股东的利益受到保护。他们说,这将要求修改公司的行为。