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

MCA vide circular dated 21^st 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 31^st 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 30^th September, 2020) and the same shall not be viewed as a violation.

The complete circular is attached herewith:

Circular18_21042020