Voting through electronic means The Central Government may prescribe the class or classes of companies and manner in which a member may exercise his right to vote by the electronic means. Note : Clarification on passing of ordinary and special resolutions by companies under the Companies Act,2013 and rules made thereunder on account of the threat posed by Covid-19.  

Voting by show of hands (1) At any general meeting, a resolution put to the vote of the meeting shall, unless a poll is demanded under section 109 or the voting is carried out electronically, be decided on a show of hands. (2) A declaration by the Chairman of the meeting of the passing of a resolution

Restriction on voting rights 1) Notwithstanding anything contained in this Act, the articles of a company may provide that no member shall exercise any voting right in respect of any shares registered in his name on which any calls or other sums presently payable by him have not been paid, or in regard to which the company has exercised any right of lien. (2) A company shall

Proxies Any member of a company entitled to attend and vote at a meeting of the company shall be entitled to appoint another person as a proxy to attend and vote at the meeting on his behalf: Provided that a proxy shall not have the right to speak at such meeting and shall not be entitled to vote except on a poll: Provided

Chairman of meetings (1) Unless the articles of the company otherwise provide, the members personally present at the meeting shall elect one of themselves to be the Chairman thereof on a show of hands. (2) If a poll is demanded on the election of the Chairman, it shall be taken forthwith in accordance with the provisions of this Act and the

Quorum for meetings Section 103 of the Companies Act, 2013 outlines the rules regarding the quorum required for company meetings. Here’s a simplified explanation in plain language:   Quorum Requirements: Public Company: Less than 1,000 members: At least 5 members must be present. 1,000 to 5,000 members: A quorum is 15 members. More than 5,000

Statement to be Annexed to Notice (1) A statement setting out the following material facts concerning each item of special business to be transacted at a general meeting, shall be annexed to the notice calling such meeting, namely: — (a) the nature of concern or interest, financial or otherwise, if any, in respect of each

Notice of Meeting (1) A general meeting of a company may be called by giving not less than clear 2[twenty-one days’] notice either in writing or through electronic mode in such manner as may be prescribed: 4[Provided that a general meeting may be called after giving shorter notice than that specified in this sub-section if consent, in writing or

Calling of Extraordinary General Meeting (1) The Board may, whenever it deems fit, call an extraordinary general meeting of the company.] 2[Provided that an extraordinary general meeting of the company, other than of the wholly owned subsidiary of a company incorporated outside India, shall be held at a place within India.] **(2) The Board shall, at the requisition

Punishment for default in complying with provisions of sections 96 to 98 If any default is made in holding a meeting of the company in accordance with Section 96 or section 97 or section 98 or in complying with any directions of the Tribunal, the company and every officer of the company who is in default shall be punishable with fine which may extend to one lakh rupees and in