MCA issues clarification on conducting EGM by companies through VC, OAVM or postal ballot

The Ministry of Corporate Affairs (MCA) had earlier provided relaxations for conducting EGM through Video Conference (VC) or Other Audio Visual Means (OAVM) on account of COVID- 19.

In continuation, MCA has further clarified that companies may conduct their EGMs through video conference (VC) or Other Audio Visual Means (OAVM) to transact items through postal ballot in accordance with framework provided in the earlier circulars up to 31st December, 2022. All other requirements provided in the circular shall remain unchanged.

Read the full official notification here- (