Postal ballot enables shareholders to pass resolutions outside general meetings subject to prescribed items, procedures and requisite majority.

Postal ballot permits shareholders to transact certain business outside a general meeting: items notified by the Central Government must be conducted by postal ballot, and companies may use postal ballot for any non-ordinary business and matters not involving directors' or auditors' right to be heard; resolutions approved by the requisite majority by postal ballot are deemed passed as at a general meeting, subject to prescribed procedure.

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