Guidelines on DBD permission not to hold an AGM

The Department of Business Development (“the DBD”) has issued new guidelines on allowing a legal entity, such as a limited company, a public limited company, association, or chamber of commerce, not to hold a shareholders’ meeting during the period from 26 April to 30 April 2021, due to an error that occurred when accessing the DBD’s e-registration site to provide the reason for not holding the meeting during the fixed period or due to the DBD e-registration site failing to save such information that was provided.