Special Measures under the Companies Act, 2013 and Limited Liability Partnership Act, 2008 in view of COVID- 19 outbreak - Extension - Companies Law - 36/2020

General Circular No. 36/2020 File No.2/01/2020-CL-V Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi-110001. Dated: 20th October, 2020 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, (KMS Narayanan) Assistant Director (Policy)