Annual general meetings
At the end of June The Corporate Insolvency and Governance Act 2020 brought in special temporary rules to allow companies and mutuals to hold their AGMs and/or special general meetings online until the end of September, even if their governing documents prohibited it. This temporary measure has now been extended to the end of December (for mutuals, the new regulations are subject to Assembly approval).
Considering the current situation with the COVID pandemic and the uncertainty around when we can meet in large gatherings again safely, it may be advisable for organisations to use this extension period to hold a special general meeting to update their governing documents to allow general meetings to take place electronically.
The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Amendment of Relevant Period for Meetings of Registered Societies and Credit Unions) Regulations (Northern Ireland) 2020 subject to Assembly approval
Subscribe to eNews
Share your COVID-19 support service
Organisations providing support to people and communities during the COVID-19 emergency can share their service information here