Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

Deep sectoral expertise across services and industries.

Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

Personal commitment supported by experience and grit.

We commit early. We pull together internally for greater support. Every effort is sincere, every individual deeply dedicated to their task, their role, to the Firm.

Our undertakings for long-term impact are an organic extension of our purpose.

They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

Knowledge-sharing is intrinsic to equity and inclusivity.

This is a repository of thought leadership, deep insights and strong viewpoints, legal and other news and events and how they impact the industry and our clients.

Relevance is critical to growth. It necessitates a firm that is dynamic and responsive.

Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

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Mar 31, 2021

Extension of Time Period to Conduct Annual General Meetings through Audio Visual Means

In light of the ongoing pandemic, the MCA had issued various circulars in 2020 permitting companies to hold general meetings through video conferencing or other audio visual means, and laying down the operational procedures and safeguards in this regard (please refer to our Client Alert dated May 15, 2020, accessible here). The MCA has, on January 13, 2021, issued a Circular permitting Annual General Meetings (‘AGMs’) which were due to be held in the year 2020, or become due in the year 2021, to be conducted on or before December 31, 2021 through video conferencing or other audio visual means, in accordance with the procedures specified in the previous circulars. However, the Circular clarifies that no extension is granted for holding AGMs, and companies which have not adhered to the relevant timelines will remain subject to legal action under the Companies Act, 2013 (‘Companies Act’).

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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