Previous Year Solved Question Papers

Previous Year Solved Question Papers

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.

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