Section 110 of Companies Act 2013

110. Postal ballot.
1.  Notwithstanding anything contained in this Act, a company—

a.  shall, in respect of such items of business as the Central Government may, by notification, declare to be transacted only by means of postal ballot; and
b.  may, in respect of any item of business, other than ordinary business and any business in respect of which directors or auditors have a right to be heard at any meeting, transact by means of postal ballot, in such manner as may be prescribed, instead of transacting such business at a general meeting.

2.   If a resolution is assented to by the requisite majority of the shareholders by means of postal ballot, it shall be deemed to have been duly passed at a general meeting convened in that behalf.
Share:

0 comments:

Post a Comment

Smart Vidya

Latest Post

Solved Question Paper of Recruitment Test (Combined CBRT) conducted by UPSC for the Posts of Labour Enforcement Officers (Central) held on 25.11.2017

 1. Consider the following Commissions / Committees: 1. First National Commission on Labour 2. Labour Investigation Committee 3. Roy...

Followers

No. of Page Views

Contact Form

Name

Email *

Message *

Blog Archive

Search This Blog

Follow by Email