Put off AGMs unless they are held virtually, says RoS

Put off AGMs unless they are held virtually, says RoS

Registered organisations need to write in to RoS to propose a new date, with additional SOPs.

The Registrar of Societies said organisations can hold their AGMs during a CMCO or RMCO period by observing the standard rules rigidly.
KUALA LUMPUR:
All registered organisations should postpone their annual general meetings (AGMs), in line with the total lockdown enforced under the movement control order (MCO) since June 1, said the Registrar of Societies (RoS).

However, in a statement, RoS said exemption is given if the AGM could be held virtually in accordance with the MCO standard operating procedures and if they fulfilled the basic conditions for holding an AGM, as contained in the respective organisations’ constitution.

RoS also stated that an AGM could be held during the conditional movement control order (CMCO) and recovery movement control order (RMCO) periods with strict adherence to the SOPs set by the National Security Council (MKN) and RoS.

“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 SOPs, 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 further said in the statement.

RoS stressed that registered organisations must hold their AGM to ensure good management of the organisations, in line with their constitution and Act 335.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.