E voting

472 views 5 replies

Amisha

Asst. Company Secretary

205 Points Joined February 2009

Hello Sirs I request for your knowledgeable advice. Even after mandatory requirements, a few companies have not offered e voting facilities before Agm /egm. Was there any cut off date after which these amendments were introduced ? Is there any appropriate forum or authority where the matter can be took up. Thanks and regards

Replies (5)

AMIT MISHRA

Legal Professional

393 Points Joined July 2011

Hi Amisha,

Listed Companies and Companies having not less than 10000 shareholders were required to implement e-voting as per Companies (Management and Administration) Rules, 2014. This was applicable immediately with coming into effect of the aforesaid rules. Hence as per my knowledge, penal provisions are applicable on such Companies i.e 5000 or 500 per day in case contravention is of continuing nature.

Thanks & Regards

Amit Mishra

Amisha

Asst. Company Secretary

205 Points Joined February 2009

Dear Amit Thank you very much for the information. Just 1 correction E voting is applicale to Listed Companies having not less than 1000 shareholders instead of 10000 Thanks one again

harika

IPCC

27 Points Joined May 2014

Good question amisha

Mrs.n

CS LL.B

407 Points Joined March 2012

Hello,

This applicability as per The Companies Act-2013 and as per revised Cluase 49 of the Listing agreement -Clause-35B -which is applicable to all the listed companies irrrespective of shareholding.(applicable w.e.from 01.10.2014)

pl.correct me if other views.

regds