Wednesday, 14 May 2014

Postal ballot voting can't completely substitute actual meeting; doesn't apply to court-convened mee

CL : Provisions for compulsory voting by postal ballot and by electronic voting to the exclusion of an actual meeting cannot and do not apply to court-convened meetings, such as meetings for approval of Schemes u/s 391/394 of the Companies Act, 1956 and section 230/232 of the Companies Act, 2013. At such meetings, provision must be made for postal ballots and electronic voting, in addition to an actual meeting. Electronic-voting, must be made available at the venue of the meeting. Any shareholde


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