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Companies get till December 31 for FY20 AGMs

The ministry of corporate affairs (MCA) on Tuesday allowed extending the timeline for holding annual general meetings (AGMs) for 2019-20 till December 31 from the earlier September 30, providing relief to around 12 lakh companies. MCA issued directions to the Registrar of Companies (RoCs) to give orders, without the filing of formal application and payment of the fee.

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