June 24, 2020
Summary of notifications issued by MCA on 23/06/2020
Extension of deadlines with respect to approval of restricted transactions via Video Conferencing and registration with the data bank by the Independent Directors to 30/09/2020
MCA, vide its notification, has extended the deadlines to 30/09/2020 from 30/06/2020 with respect to the following-
– Dealing of restricted matters such as approval of the annual financial statements, Board’s report, prospectus,etc. through video conferencing or other audio-visual means within the framework provided under the Meetings of Board and its Powers – Rules
– Registration with the data bank by those individuals who were acting in the capacity of Independent Directors as on 01/12/2019 as prescribed by under the Companies Act, 2013 and its Rules.
These notifications are integrated in our free-to-use website ca2013.com for quick reference.