Postal ballot procedure requires independent scrutinizer and handling of ballots to ascertain shareholder consent and secure custody. Rule 5 requires the company to note which items need shareholder consent by postal ballot and for the board to appoint a single independent scrutinizer to supervise voting, be available at the registered office, and submit a report promptly after the last date for receipt. The scrutinizer must keep a register of consents (including electronic replies), record defaced or mutilated ballots, and retain custody of ballots and related papers until the chairman signs the minutes, after which materials are returned to the company for preservation; late replies are disregarded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Postal ballot procedure requires independent scrutinizer and handling of ballots to ascertain shareholder consent and secure custody.
Rule 5 requires the company to note which items need shareholder consent by postal ballot and for the board to appoint a single independent scrutinizer to supervise voting, be available at the registered office, and submit a report promptly after the last date for receipt. The scrutinizer must keep a register of consents (including electronic replies), record defaced or mutilated ballots, and retain custody of ballots and related papers until the chairman signs the minutes, after which materials are returned to the company for preservation; late replies are disregarded.
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