MCA Amendments w.r.t Meetings of Board and its Powers dated 15th June 2021
The Companies (Meetings of Board and its Powers) Amendment Rules, 2021, Dated 15th June, 2021
Rule 4 of Companies (MBP) Rules, 2014 has been omitted.
Post this amendment there is no restriction on any matters to be Dealt with in a Meeting Through Video Conferencing or Other Audio Visual Means.
Link: https://egazette.nic.in/WriteReadData/2021/227614.pdf
*With MCA Amendment 15th June, 2021. Now following resolution can be passed through Video Conference mode:-*
*(i) the approval of the annual financial statements;*
*(ii) the approval of the Board’s report;*
*(iii) the approval of the prospectus;*
*(iv) the Audit Committee Meetings for consideration of financial statement including consolidated financial statement, if any, to be approved by the Board under sub-section (1) of section 134 of the Act;* *and*
*(v) the approval of the matter relating to amalgamation, merger, demerger, acquisition and takeover.*
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