Mr Vikrant Anand

Vikrant Anand

Updates

Corporate & Commercial

MCA temporarily allows certain restricted corporate actions to occur at virtual board meetings
India | 13 July 2020

The COVID-19 pandemic has affected businesses' ability to comply with various statutory rules and regulations due to lockdowns and other social distancing measures. The government – particularly the Ministry of Corporate Affairs (MCA) – has proactively introduced various measures to support companies in their ability to comply with the Companies Act 2013. Most notably, the MCA has relaxed the restrictions around which corporate actions can occur at virtual board meetings until 30 September 2020.