Distinguish between the following: 'E-voting' and 'Voting by show of hands'.
CS Executive · Company Law · PYQS · June 2017
Distinguish between the following: 'E-voting' and 'Voting by show of hands'.
Answer & Explanation:
Votes before the general meeting can be cast either by 'e-voting' method or by showing hands. E-voting Voting by show of hands Governed by the provisions of section 108. Governed by the provisions of section 107. Provisions applicable to every company which has listed its equity shares on a recognised stock exchange and every company having not less than one thousand members. Applicable to all companies at their general meetings, wherein resolution is put to the vote unless a poll is demanded under section 109 or the voting is carried out electronically. The facility for remote e-voting shall remain open for not less than three days and shall close at 5.00 p.m. on the date preceding the date of the general meeting. The facility of voting by show of hands is available at the time of the meeting. During the period, when facility for e-voting is provided, the members of the company holding the shares in either physical form or in demat form, as on the cut-off date, may opt for remote e-voting. In general meeting, members who have not voted in e-voting mode can cast their votes by raising their hands. Number of votes of a member is equal to the number of shares held. Only one vote is counted for each shown hand.
Topics: Company Law
Related Questions in this Topic
- Suresh, the statutory auditor of A Ltd., during the course of the audit detected a fraud against the company by an emplo...
- Examine the validity of Tribunal's order to wind up the company in the following circumstances: Petition is presented by...
- Examine the validity of Tribunal's order to wind up the company in the following circumstances: The registrar has presen...
- A compromise is proposed between Jay Chemicals Ltd. and its creditors. The Tribunal on an application from the creditors...
- The name of Orient Builders Private Ltd. was struck off by the Registrar of Companies on the application of the company ...