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of <h1>Companies Act Update: Shareholders Can Now Join Meetings Electronically, Boosting Participation and Cutting Costs.</h1> The Ministry of Corporate Affairs has initiated a green initiative in corporate governance by allowing shareholder participation in general meetings via electronic mode under the Companies Act, 1956. This initiative aligns with sections of the Information Technology Act, 2000, ensuring legal validity for electronic compliance. Companies must inform shareholders about video conferencing options and ensure the integrity of such meetings. While the quorum must be physically present, electronic participation is encouraged to increase shareholder involvement and reduce costs. Listed companies should offer video conferencing at multiple locations across India to maximize accessibility for shareholders.
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