GRAFFITI #1
A. APPLICATION FOR IMMUNITY FOR BELATED FILING OF RETURNS WITH REGISTRAR OF COMPANIES (“ROC”):
Brief background:
The Ministry of Corporate Affairs, had on 30th March 2020, introduced Companies Fresh Start Scheme 2020, to provide companies with an opportunity to make good any filing related defaults, irrespective of duration of default and make a fresh start as a fully compliant company.
The Scheme was in force from 1st April 2020 till 30th September 2020 and further extended to 31st December 2020.
The details of the Scheme can be accessed in http://eshwars.com/blog/opportunity-to-file-delayed-belated-returns-with-registrar-of-companies/
Application for immunity:
The Companies which had filed belated returns/forms with the ROC under this Scheme, are required to file a form
Read More
B. HOLDING OF AGM BY WAY OF VIDEO CONFERENCING – AN UPDATE:
The Ministry of Corporate Affairs (“MCA”), had on 5th May 2020, allowed companies to conduct their Annual General Meetings (“AGM”) by way of Video Conferencing (“VC”) till 31st December 2020.
The procedure for conducting the general meetings by VC can be accessed in the following link - http://eshwars.com/blog/clarification-on-passing-of-shareholder-resolutions-during-covid-19-conduct-extra-ordinary-general-meeting-egm-of-shareholders-remotely/
In addition to the procedure provided in the aforesaid link, the Companies will have to comply with the procedure provided in the circular of the MCA dated 5th May 2020. Now the MCA has allowed the companies, whose AGMs were Read More
|