MCA extends timeline for holding of Annual General Meetings by Companies whose Financial Year has ended on 31st December, 2019

MCA vide circular dated 21st April, 2020 clarified that due to COVID Pandemic Outbreak related social distancing  norms and consequential restrictions, the Companies whose Financial Year (other than first Financial Year) has ended on 31st December, 2019 can hold their AGM for such financial year within a period of 9 months from the closure of the Financial Year (i.e. by 30th September, 2020) and the same shall not be viewed as a violation.

The complete circular is attached herewith:


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