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Relaxation in respect of Board meetings via Electronic Mode under the Companies Act, 2013

12 months  ago

Considering the need to take precautionary steps to overcome the outbreak of the Coronavirus (Covid-19), the Government has in-principle decided to relax the requirement of holding Board meetings with physical presence of directors under Companies Act, 2013 and rules made thereunder for approval of the annual financial statements, Board’s report, etc. Such meetings may till 30th June, 2020 be held through video conferencing or other audio visual means. The necessary changes in the rules in this regard are expected to be notified soon.

#Covid19 #CompaniesAct #ElectronicMode