Green initiative in the Corporate Governance – Participation by Shareholders in general meetings under the Companies Act, 1956 through electronic mode.
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Electronic participation via video conference allows shareholder attendance but statutory meeting place and physical quorum must remain enforced. Shareholders may participate in general meetings through electronic mode via video conference; companies must notify shareholders of access, and the chairman and secretary must safeguard meeting integrity, ensure proper equipment, prepare minutes, restrict attendance to the concerned shareholder or proxy, and manage any interrupted communications. Statutory meeting place and physical quorum requirements remain applicable, and listed companies are encouraged to provide multiple video conferencing locations while using secured electronic voting platforms.
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.
Electronic participation via video conference allows shareholder attendance but statutory meeting place and physical quorum must remain enforced.
Shareholders may participate in general meetings through electronic mode via video conference; companies must notify shareholders of access, and the chairman and secretary must safeguard meeting integrity, ensure proper equipment, prepare minutes, restrict attendance to the concerned shareholder or proxy, and manage any interrupted communications. Statutory meeting place and physical quorum requirements remain applicable, and listed companies are encouraged to provide multiple video conferencing locations while using secured electronic voting platforms.
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