MCA Updates dated 24th June, 2021 [Read Circular]

MCA

1. Clarification on passing of ordinary and special resolutions:

It has been decided by MCA to allow companies to conduct their EGMs through VC or OAVM or transact items through postal ballot in accordance with the framework provided in the aforesaid Circulars upto 31st December, 2021. All other requirements provided in the said Circulars shall remain unchanged.

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2. Companies (Accounting Standards) Rules, 2021

In exercise of the powers conferred by section 133 🎉 read with section 469 of the Companies Act, 2013 (18 of 2013) and in supersession of the Companies (Accounting Standards) Rules, 2006.

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