The Ministry of Corporate Affairs on 15th June 2021 has published the the Companies (Meetings of Board and its Powers) Amendment Rules, 2021 to further amend the Companies (Meetings of Board and its Powers) Rules, 2014.
Through this amendment rule, 4 has been omitted which deals with restriction of conducting Board Meeting through Video Conferencing/Other Audio-Visual Means for selected agenda items, however due to the COVID pandemic, MCA granted relaxation for conduction meeting through VC till 30th June 2021, which now permanently allows virtual resolutions on financial statements, restructuring.
