In view of difficulties faced due to second wave of Covid-19 and consequent Lockdown etc., MCA has extended the Due Date for Holding AGMs of the companies by 2 months from the due date by which the AGM ought to have been held for the Financial Year 2020-21 ending on 31/03/2021.
Extension granted is also applicable to the following:
- Pending applications filed in form GNL-1 for the extension of AGM for the financial year ended on 31.03.2021, which are yet to be approved.
- Applications filed in form GNL-1 for the extension of AGM for the financial year ended on 31.03.2021, which were rejected.
- Applications filed in form GNL-1 for the extension of AGM for the financial year ended on 31.03.2021, where the extension approved was for a period less than Two Months.
Extension granted is not applicable to the following:
- Holding of First AGM.
- Applications filed in form GNL-1 for the extension of AGM for the financial year ended on 31.03.2021, where the extension approved was for a period of more than Two Months.
- Companies who have issued notices and circulated for holding the meeting by 30 September 2021.
Respective ROCs have issued Extension Orders, which are available at the link below:
https://www.mca.gov.in/content/mca/global/en/data-and-reports/rd-roc-info/extension-agm.html