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India Business Bulletin (September 2021)

MCA has directed all ROCs to approve 2 (Two) months extension for companies that have been unable to hold their AGM for the financial year that ended on March 31, 2021. Accordingly, respective ROCs have extended the time period without seeking any formal request from companies in this regard. The ROCs have further clarified that such extensions shall also cover cases where (a) companies have already filed the prescribed form for the extension of AGM and such request is pending approval; (b) companies whose request have been rejected earlier; and (c) the approved extension was for a period of less than two months.

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