15/06/2021
*đź“śđź“ŤMCA Update 15.06.2021*
*Rule 4 of The Companies (Meeting of Board and its Powers) Rules, 2014*
_Deals with Matters Not to be Dealt With in a Meeting Through Video Conferencing or Other Audio Visual Means_
*Omitted* via this amendment
*_đź’ˇWith the said amendment, restriction on agenda items to be transacted only at physical meeting of Board of Directors are done away with._*
*⚖️📑With MCA Amendment 15th June, 2021. Now following resolution can be passed through Video Conference mode:-*
*(i) the approval of the annual financial statements;
*(ii) the approval of the Board’s report;
*(iii) the approval of the prospectus;
(iv) the Audit Committee Meetings for consideration of financial statement including consolidated financial statement, if any, to be approved by the Board under sub-section (1) of section 134 of the Act;* *and
(v) the approval of the matter relating to amalgamation, merger, demerger, acquisition and takeover.
