“Postal Ballot” means casting of votes by shareholders by postal or electronic mode instead of voting personally by being present for transacting business in a general meeting of the company. Companies Act, introduced postal ballot concept to ensure large participation of shareholder in transacting the businesses. Filingenie helps you conduct the Postal Ballot process in a smooth, fair and transparent manner.
As per section 110 of the Companies Act, 2013 and rule 22 of The Companies (Management and Administration) Rules, 2014, followings are the matters to be transacted only through postal ballot.
Apart from the matters specified in the sub-rule 16 of rule 22 of The Companies (Management and Administration) Rules, 2014, a company may, at its discretion, transact any other item of business also through voting by postal ballot instead of transacting it at a general meeting, except the following businesses:
As per sub-rule 16 of rule 22 of The Companies (Management and Administration) Rules, 2014, One Person Company and other Companies having members upto Two Hundred are not required to transact ant business thought Postal Ballot
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