General Circular No. 1 0/2022 

File No. Policy-17/57/2021-CL-MCA

Government of India

Ministry of corporate Affairs

 5th Floor, 'A' Wing, Shastri Bhawan

Dr. Rajendra Road, New Delhi 110001

Dated: 28.12.2022

To,

The DGCoA

All Regional Directors,

All Registrar of Companies,

All Stakeholders.

Subject: Clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio Visual Means (OAVM)-reg.

In continuation to this Ministry's General Circular No. 20/2020 dated 0o.0fi.2020 and General Circular No. 02/2022 dated 05.05.2022 and after due examination, it has been decided to allow the companies whose AGMs are due in the year  2023,  to conduct  their  AGMs  on  or before  30th September, 2023 in  accordance with  the  requirements  laid  down  in Para  3 and  Para 4 of  the  General  Circular No. 20/2020 dated 05.05.2020.

2. It is clarified that this General Circular shall not be constructed as conferring any extension of time for holding of AGMs by the  companices under  the  Companies  Act, 2013 (the Act) and the companies which have not adhered to  the  relevant timeline» shall  be liable  to legal  action  under the appropriate provisions of  the /\ct.

3. This issue with the approval of the competent Authority.

Yours  faithfully,

MS Narayan

Deputy Director

Tel.: 01l -2338-7263

Copy to:

1. E-governance section and web content officer to place the circular on MCA Website.
2. Guard File.