This Ministry of corporate affairs on 8th .April’ 2020 issued General circular No. 14 /2O2O and on 13th April, 2020 General circular No. 17/2O2O for providing clarifications on passing ordinary and special resolutions by companies by holding extraordinary general meeting (EGM) through video conferencing (VC) or other audio visual means (OAVM) or passing of Pertain items only through postal ballot without convening general meeting. The framework provided in the said circulars allows companies to hold relevant EGMs or transact relevant business through postal ballots as per procedure specified therein, up to 3Oth June’ 2020 or till further order which is earlier.
The matter has been examined and it has been decided to allow companies to conduct their EGMs through VC or OAVM or transact items through postal ballot in accordance with the framework provided in the aforesaid Circulars up to 30th September, 2O2O. All other requirements provided in the said Circulars remain unchanged.