MCA extends the due date for holding AGM for companies whose financial year ended on December 31, 2019

Ministry of Corporate Affairs has extended the due date for holding Annual General Meeting (AGM) for those companies whose financial year ended on December 31, 2019.  

Considering the hardship faced by stakeholders due to COVID-19 related social distancing norms and consequential restrictions linked thereto, MCA vide General Circular No. 18/2020 dated 21st April 2020 has notified that if the companies whose financial year (other than first financial year) has ended on 31st December, 2019, hold their AGM for such financial year within a period of nine months from the closure of the financial year (i.e. by 30th September, 2020), the same shall not be viewed as a violation

MCA extends the due date for holding AGM for companies whose financial year ended on December 31, 2019

CLICK HERE to download the said notification.

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