Annual General Meeting during the year 2020 is not an ordinary affair. This is now recognized by the Ministry of Corporate Affairs. Now, bigger companies are required to facilitate members to present in their Annual General Meeting through Video Conference or other audiovisual means even when holding AGM physically, others have the facility to use hold AGM through VA and OAVM. Circular 20/2020 dated 5th May 2020 extends facility provided by Circulars 14/2020 and 17/2020to hold General Meetings through VA and OAVM to Annual General Meetings.
We firstly ignore negative news going to effects us. Secondly, we undermine the impact. Third, we start fighting. Humanity since 2017 knew and ignored about 73 corona viruses waiting to affect humanity. It is changing our life and law. I wrote a post on initial restrictions going to impact corporate compliances on 13th March 2020 which I considered now outdated. Here are measures the Ministry of Corporate Affairs announced:
Companies Affirmation of Readiness towards COVID-19 Form is a simple web form. It can be filed from anywhere. There is no requirement of DSC and does not involve payment of any fee.
The purpose is to make companies and partnerships aware of unprecedented time and to ensure their better contribution to fighting this virus.
Work form Home is buzzword world over this month and Second half of March 2020 in India. We all are preparing for this to the extent possible. I am sharing my eight years of experience of work from home, hereunder:
I opted “work from home” in June 2012 and officially working from Home and later Home Office since 5th July 2012 the day I got my Certificate of Practice. Though, this was actually not my first experience nor something new for Indian. Indian Professionals, particularly Doctors, Vaidya, Haqims, Advocates, Vakils, Pleaders, Letter writers, deed writers, Landlords and even big traders has a history of work from home or have home offices. Though we please those were the days, noting changes except in favour of home office. Technology is the biggest enabler for work from home and lack of self-discipline is a hurdle. Let us start work from home.