E-voting by listed companies urgent
This query is : Resolved
01 August 2014
What is the applicability date of the amended Clause 35B of the Listing Agreement.
01 August 2014
Clause 35B of the Listing Agreement as amended by the SEBI shall be made applicable to the listed companies’ with effect from October 01, 2014
02 August 2014
Sir, please state whether you are sure about it. All the Listed Companies are complying with the provisions of Clause 35B. Please revert.
02 August 2014
Dear Kushboo,
Just want to modify my earlier reply.
From the sources i found that Revised Listing agreement clause 35B applicable to all listed companies, is already effective.
2 By Companies (Management and Administration) Amendment Rules 2014, dated 23rd June 2014, the e-voting facility has been made mandatory only for a general meeting held on or after 1st January 2015. However, in case of listed companies, SEBI’s amendment by insertion of Clause 35B in the Listing Agreement mandates listed companies to provide e-voting facility immediately.
Just want to modify my earlier reply.
From the sources i found that Revised Listing agreement clause 35B applicable to all listed companies, is already effective.
2 By Companies (Management and Administration) Amendment Rules 2014, dated 23rd June 2014, the e-voting facility has been made mandatory only for a general meeting held on or after 1st January 2015. However, in case of listed companies, SEBI’s amendment by insertion of Clause 35B in the Listing Agreement mandates listed companies to provide e-voting facility immediately.
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