Postal ballot allows shareholder voting by postal or electronic means, with distinct majority thresholds for special and ordinary resolutions. Defines key voting terms: postal ballot includes shareholder voting by postal or electronic modes instead of in-person voting at a general meeting; requisite majority prescribes a higher affirmative threshold for special resolutions and a simple majority for ordinary resolutions; 'Act' refers to the Companies Act, 1956.
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Postal ballot allows shareholder voting by postal or electronic means, with distinct majority thresholds for special and ordinary resolutions.
Defines key voting terms: postal ballot includes shareholder voting by postal or electronic modes instead of in-person voting at a general meeting; requisite majority prescribes a higher affirmative threshold for special resolutions and a simple majority for ordinary resolutions; "Act" refers to the Companies Act, 1956.
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