Tag Archives: Postal ballot

Conducting business through postal ballot

RULES FRAMED UNDER COMPANIES ACT, 2013 COMPANIES (SPECIFICATION OF DEFINITIONS DETAILS) RULES, 2014 Procedure to be followed for conducting business through postal ballot. (rule 22) 22. (1) Where a company is required or decides to pass any resolution by way of postal ballot, it shall send anotice to all the shareholders, along with a draft… Read More »

Exception to Passing the Resolution by Postal ballot only

Rule regarding postal ballot specifically provides for passing of resolution under section 180(1)(a) by way of postal ballot only, still many listed companies are passing the same in the annual general meetings, is there any exception available to that? Answer: According to companies act 2013 section 180(1)(a) that relates to selling, leasing or otherwise disposing off the… Read More »