Postal ballot voting mechanism enables shareholders to record assent or dissent on resolutions using the prescribed ballot form. Form MGT-12 prescribes the polling/ballot paper for shareholders to record votes on ordinary or special resolutions, requiring shareholder identification (name, address, registered folio or client ID, class of share), the number of shares held, and clear indication of assent or dissent for each resolution, together with place, date, and signature to standardize and document shareholder voting under the Companies Act procedural framework.
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Provisions expressly mentioned in the judgment/order text.
Postal ballot voting mechanism enables shareholders to record assent or dissent on resolutions using the prescribed ballot form.
Form MGT-12 prescribes the polling/ballot paper for shareholders to record votes on ordinary or special resolutions, requiring shareholder identification (name, address, registered folio or client ID, class of share), the number of shares held, and clear indication of assent or dissent for each resolution, together with place, date, and signature to standardize and document shareholder voting under the Companies Act procedural framework.
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