MCA issues clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013.

The Ministry of Corporate Affairs on 23rd June 2021 has decided to allow companies to conduct their EGMs through VC or OAVM or transact items through postal up to 31st December, 2021.

Due to the pandemic caused by COVID-19 across the country, the companies are requested to take all decisions of urgent nature requiring the approval of members through the mechanism of postal ballot or e-voting, without holding a general meeting which requires physical presence of members at a common venue.

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