Vide General Circular 28/2020, dated 17.08.2020 the Ministry of Corporate Affairs directed the companies which are unable to hold their Annual General Meeting for the financial year ended on 31.03.2020, despite availing the relaxations provided in the G.C. 20/2020 ought to file their applications in form No. GNL-1 for seeking extension of time in holding of Annual General Meeting for the financial year ended on 31.03.2020 with the concerned Registrar of Companies on or before 29.09.2020.
The Ministry of Corporate Affairs advised all Registrar of Companies to consider all such applications (filed in Form No. GNL-1) liberally in view of the hardships faced by the stakeholders and to grant extension for the period as applied for (up to three months) in such applications.
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