MCA allows more time gap between two board meetings – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/news/national/mca-allows-more-time-gap-between-two-board-meetings/article34473303.ece

Gap may extend to 180 days against 120 days allowed earlier

Resurgence of Covid-19 cases during the ongoing second wave has prompted the corporate affairs ministry (MCA) to relax the norm around the time gap between two consecutive board meetings of companies in a financial year.

Meanwhile, the MCA has granted additional time up to July 31 for companies/LLPs to file certain forms (other than charge related forms) without any additional fees. The MCA has also decided to allow relaxation of time and condone the delay in filing forms related to creation/modification of charges under the company law.

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