Postponement of AGMs by companies in light of Covid -19


KUALA LUMPUR: The issue of the legal obligation to hold Annual general meetings has been raised in light of concerns of Covid -19 and the Government directive not to hold gatherings.

Section 340 of the Companies Act 201 (CA) provides that a company is statutorily obliged to hold an AGM within six months from its financial year-end.

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AGM , annual general meeting

   

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