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    Book - Company Law & Practices-640

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    Book - Company Law & Practices-640

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    4 views1 page

    Book - Company Law & Practices-640

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    shivanshvegipro

    Copyright:

    © All Rights Reserved
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    EP-CL&P General Meetings

    (ii) During the period when facility for remote e-voting is provided, the members of the company,
    holding shares either in physical form or in dematerialised form, as on the cut-off date, may opt
    for remote e-voting.
    (iii) Once a member has cast his vote on a resolution, he shall not be allowed to change it subsequently
    or cast the vote again.
    (a) A member may participate in the general meeting even after exercising his right to vote
    through remote e-voting but shall not be allowed to vote again.
    (b) At the end of the remote e-voting period, the facility shall forthwith be blocked.
    (D) Register of scrutinizer:
    (i) The scrutinizer(s) shall maintain a register either manually or electronically to record the
    assent or dissent received, mentioning the particulars of name, address, folio number or
    client ID of the members, number of shares held by them, nominal value of such shares and
    whether the shares have differential voting rights of members.
    (ii) The register and all other papers relating to voting by electronic means shall remain in
    the safe custody of the scrutinizer(s) until the Chairman considers, approves and signs the
    minutes and thereafter, the scrutinizer(s) shall hand over the register and other related
    papers to the company.

    (E) Voting at General Meeting:


    (i) During general meeting, a company may opt to provide the same electronic voting system as used
    during remote e-voting, the said facility shall be in operation till all the resolutions are considered
    and voted upon in the meeting. In such a case, the members attending the general meeting and
    who have not exercised their right to vote through remote e-voting, shall be entitled to vote using
    the electronic voting system.
    (ii) At the general meeting, after conclusion of the discussion, the chairman shall, with the assistance
    of scrutinisers, allow voting on the resolutions, by use of ballot or polling paper or by using an
    electronic voting system for all those members who are present at the general meeting but have
    not cast their votes by availing the remote e-voting facility.
    (F) Declaration of result of voting:
    (i) The scrutinizer shall, immediately after the conclusion of voting at the general meeting, first count
    the votes cast at the meeting, thereafter unblock the votes cast through remote e-voting in the
    presence of at least two witnesses not in the employment of the company.
    (ii) The scrutinizer shall make, not later than three days of conclusion of the meeting, a consolidated
    scrutinizer’s report of the total votes cast in favor or against, if any, to the Chairman or a person
    authorized by him in writing who shall countersign the same.
    (iii) The Chairman or a person authorized by him in writing shall declare the result of the voting
    forthwith.
    (iv) The result of the voting, with details of the number of votes cast for and against the Resolution,
    invalid votes and whether the Resolution has been carried or not shall be displayed on the Notice
    Board of the company at its Registered Office and its Head Office as well as Corporate Office, if
    any, if such office is situated elsewhere. Further, the results of voting along with the scrutinizer’s
    report shall also be placed on the website of the company, in case of companies having a website
    and of the Agency, immediately after the results are declared.

    600

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