Postpone AGM except if conducted virtually - ROS

 

All registered organisations should postpone their annual general meeting (AGM), in line with the "total lockdown" under the movement control order (MCO) which has been in place since June 1, said the Registrar of Societies (ROS).

The ROS, in a statement, said exemptions can be given if the AGM is held virtually and if it fulfills the basic conditions of holding an AGM as per the respective organisations’ constitution.

The ROS also stated that an AGM could be physically held in conditional MCO and recovery MCO areas with strict adherence to SOPs set by the National Security Council (NSC).

"Hence, all registered organisations should make a written application to ROS to postpone their AGM with a proposed new date to hold it and the additional SOP once the MCO period ends.

"The organisations also need to submit their annual statements to ROS within 60 days after the holding of their AGM, in line with Section 14(1) of the Societies Act 1966 (Act 335)," it said.

The ROS added that registered organisations must hold their AGM to ensure good management of the organisations, in line with their constitution and the Societies Act.

- Bernama