As per Companies (Meetings of Board and its Powers) Amendment Rules,
2020_Notification New Delhi, the 19th March 2020, the meetings on the referred matters can be held through video- conferencing or Audiovisual means.

Due to the threat of the Pandemic outbreak of COVID: 19, the MCA has in need to take some precautionary steps and according to MCA in principal agreed to relax the requirement for the holding of the Board Meeting with Physical Presence of directors.

The following matter can be held through video conferencing, in accordance with ensuring compliance of Rule 3, till 30th June 2020:

  1. The approval of the annual Financial Statements;
  2. The approval of the Board’s Report;