E-VOTING BECOMES MANDATORY FOR GENERAL MEETINGS UNDER SECTION 108 READ WITH RULE 20 FOR A LISTED COMPANY OR ONCE A COMPANY REACHES 1,000 OR MORE MEMBERS.

 E-VOTING BECOMES MANDATORY FOR GENERAL MEETINGS UNDER SECTION 108 READ WITH RULE 20 FOR A LISTED COMPANY OR ONCE A COMPANY REACHES 1,000 OR MORE MEMBERS.

MANDATORY FOR:

·       All listed companies.

·       All companies with 1,000 or more members.

·       OPTIONAL (at the company’s discretion) for other companies.

SECTION 108: Grants members the right to vote electronically at general meetings.

RULE 20: Lays down the procedure for providing e‑voting facility, including:

·       Appointment of a scrutinizer.

·       Sending notice with e‑voting instructions.

·       Keeping the voting window open for at least 3 days before the meeting.

·       Ensuring votes cast electronically are counted along with physical votes.

# Your Compliance expert R V SECKAR, FCS, LLB 79047 19295,