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of <h1>Listed Companies Can Pass Resolutions via Postal Ballot Under Section 192A of Companies Act, 1956; Includes E-Voting Option</h1> Section 192A of the Companies Act, 1956, allows listed public companies to pass resolutions via postal ballot instead of at a general meeting. The company must send a notice with a draft resolution and a prepaid envelope to shareholders, who have 30 days to respond. If a majority agrees, the resolution is considered passed. Fraudulent tampering with ballots is punishable by up to six months imprisonment or a fine. Non-compliance by the company or its officers can result in fines up to fifty thousand rupees. Postal ballots include electronic voting.
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