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Corporate & Commercial

21 September 2020
Neetika Ahuja MCA temporarily allows virtual AGMs: help or hindrance?

India - Clasis Law

In view of the COVID-19 pandemic and continuing restrictions on the movement of individuals, the Ministry of Corporate Affairs (MCA) recently issued a circular allowing companies to convene their annual general meeting (AGM) through videoconferencing or other audiovisual means (ie, electronically). With AGMs around the corner, it will be interesting to see how companies will hold virtual AGMs in practice and whether companies and their members will welcome the MCA's relaxations.

Authors: Neetika Ahuja, Jatin Oberoi
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