Thursday, April 9, 2020

Analysing MCA’s framework for conducting members’ meetings through audio-visual means

Under the Companies Act, 2013 (the Act), there is a provision for conducting board meeting through video-conferencing (VC) or other audio-visual means (OAVM). However, there is no provision under the Act that allows conducting of members meeting through VC or OAVM. In view of current extra-ordinary circumstances due to the pandemic caused by COVID-19 that requires social distancing, MCA has issued a framework for conducting members’ meeting through VC or OAVM.

from taxmann.com News https://www.taxmann.com/topstories/222330000000020599/analysing-mca’s-framework-for-conducting-members’-meetings-through-audio-visual-means.aspx

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...