EGM through video conferencing

MCA has issued a circular dated 15th June, 2020 wherein they have allowed companies to hold extra-ordinary general meetings of shareholders by video conferencing or any other audio visual means upto 30th September, 2020. Earlier the time period was upto 30th June, 2020.

Vide another circular dated 5th May, 2020 MCA had already allowed companies to hold their annual general meetings in the calendar year 2020 through video conferencing or any other visual means. So AGMs can held through online method upto 31st December, 2020 whereas EGMs can be held in the same way upto 30th September, 2020. I don’t understand the anomaly here to provide two separate dates for what is almost essentially the same purpose – i.e. obtaining consent of the shareholders for items which require their consent.

The copy of the latest circular can be found here

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