Companies (passing of the resolution by postal ballot) Rules, 2001

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....001 G.S.R. 337(E). - In exercise of the powers conferred by section 192A read with clauses (a) and (b) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) the Government hereby makes the following rules, namely :- Short title and commencement 1. (1) These rules may be called the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. (2) They shall come....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....are specified under rule 4. 4. List of businesses in which the resolutions may be passed through Postal Ballot.   (a)  alteration in the Object Clause of Memorandum;   (b)  alteration of Articles of Associations in relation to deletion or insertion of provisions defining private company;   (c)  buy-back of own shares by the company under sub-section (1) of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d members as specified under sub-section (2) of section 391;    (j)  variation in the rights attached to a class of shares or debentures or other securities as specified under section 106. 5. Procedure to be followed for conducting business through Postal Ballot :-      (a) The company may make a note below the notice of General Meeting for understanding....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....majority;      (e) The scrutinizer shall maintain a register to record the consent or otherwise received, including electronic media, mentioning the particulars of name, address, folio number, number of shares, nominal value of shares, whether the shares have voting, differential voting or non-voting rights and the Scrutinizer shall also maintain record for postal ballot whi....