Special Measures under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak - Extension (General Circular No. 36/2O20)

General Circular No. 36/2O20

 File No.2/01/2020-CL-V

Government of India

Ministry of Corporate Affairs 

"A" Wing, 5th Floor, Shastri Bhawan

Dr. R.P. Road, New Delhi 110001

Date 20th October, 2O20 

To

The DGCoA

All Regional Directors, 

All Registrar of Companies,

All Stakeholders

Subject: Special Measures under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak - Extension - reg.

Sir/Madam,

In continuation to General Circular No. 11/2020 dated 24th March 2020, keeping in view the requests received from various stakeholders seeking relaxation from the residency requirement of 182 days in a year and after due examination, it is hereby clarified that non-compliance of minimum residency in India for a period of at least 182 days in a year, by at least one director in every company, under section 149 of the Companies Act, 2013 shall not be treated as non-compliance for the financial year 2020- 2021 also.

2. This issues with the approval of the competent authority.

Yours faithfully.

(K.M.S. Narayanan)

Assistant Director (Policy)

Copy forwarded for information to:-

1. e-governance section and web contents officer to place the circular on MCA website
2. File NO.7/26/2020-CL-I and
3. Guard File.