Elucidate the mode in which the Newspaper Advertisements are required to be given/ published by the private companies under the provision of Companies Act, 2013 in respect of the following purpose : Voting through Electr
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2025
Elucidate the mode in which the Newspaper Advertisements are required to be given/ published by the private companies under the provision of Companies Act, 2013 in respect of the following purpose : Voting through Electronic means.
Answer & Explanation:
B) Voting through Electronic means [Section 108 read with Rule 20(4)(v) of the Companies (Management and Administration) Rules, 2014]: A company shall cause a public notice by way of an advertisement to be published, immediately on completion of dispatch of notices for the meeting under clause (i) of sub-rule (4) but at least twenty- one days before the date of general meeting, at least once in a vernacular newspaper in the principal vernacular language of the district in which the registered office of the company is situated, and having a wide circulation in that district, and at least once in English language in an English newspaper having country-wide circulation, and specifying the matters prescribed in the said sub-rule. Alternate Answer: For Private Companies voting through electronic means is not applicable. Section 108 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 specifies that, every company which has listed its equity shares on a recognised stock exchange and every company having not less than one thousand members shall provide to its members facility to exercise their right to vote on resolutions proposed to be considered at a general meeting by electronic means. Therefore, the private companies do not require adhere with the compliance of newspaper advertisement for voting through electronic means.
Topics: Companies Act, 2013
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