Insight into Electronic Voting in Company meetings under Indian Corporate Laws
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 9
Abstract
E-Voting in Companies means a facility given to the members to cast their votes on the resolutions of the company through secure electronic mode. The e-voting in Indian companies was first introduced in the year 2001 for postal ballot resolutions through section 192A of the erstwhile Companies Act,1956. Thereafter The Companies Act, 2013 introduced a separate provision which mandates the prescribed companies to mandatorily provide e-voting facility to the members. E-voting is an innovative facility which enables the members to take part in the decision making process of the company irrespective of their place of residence and without physically attending the meeting. It reduces the cost, paperwork and facilitates early declaration of results. However, there may be chances of misuse of shareholders data which is to be taken care of specially.
Authors and Affiliations
CS Iqra Riaz
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