Postal ballot definitions clarify electronic voting, agency approval, and requisite majority thresholds for shareholder resolutions. Definitions specify that Postal Ballot includes voting by postal or electronic mode in place of in person voting; Voting by electronic mode means a computer based process that displays an electronic ballot, records votes for and against, and registers and counts them in an electronic registry on a centralised server; Agency is the entity appointed to provide and supervise the electronic voting platform and must be approved by the Ministry of Corporate Affairs. Undefined terms take meanings from the Act and the Information Technology Act, 2000; Requisite majority sets thresholds for special and ordinary resolutions.
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 definitions clarify electronic voting, agency approval, and requisite majority thresholds for shareholder resolutions.
Definitions specify that Postal Ballot includes voting by postal or electronic mode in place of in person voting; Voting by electronic mode means a computer based process that displays an electronic ballot, records votes for and against, and registers and counts them in an electronic registry on a centralised server; Agency is the entity appointed to provide and supervise the electronic voting platform and must be approved by the Ministry of Corporate Affairs. Undefined terms take meanings from the Act and the Information Technology Act, 2000; Requisite majority sets thresholds for special and ordinary resolutions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
