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MCA Circular No. 27 dated 03 August, 2020 – Clarification on dispatch of notice under section 62(2) Companies Act, 2013 by listed companies.

In reference to MCA Circular No. 11 dated 11th May, 20020, MCA has issued further clarification on the extension of the relaxation on dispatch of notice. It is clarified that the inability of the listed company to dispatch the notice referred to in Section 62(2) of CA, 2013 to their shareholders through post or courier would not be viewed as violation of Section 62(2) of the act for the right issue opening up to 31st December, 2020.

The said Circular can be accessed through the following link: MCA_Circular 27_03.08.2020_Dispatch of Notice for Right Issue

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