In
the process of decision making process of incorporated companies in India, the
year 2001 has seen a big change with introduction of section 192 A of Companies
Act providing for postal ballot for some specified resolutions as the same
turned around towards more democratic and more participation of shareholders.
Now it’s turn of e-voting, which
will be compulsory for top 500 listed companies with effect from 01/10/2012. SEBI
has issued circular no. CIR/CFD/DIL/6/2012 dated 13/07/ 2012 which provides for
inclusion of clause 35B in listing agreement, requiring for listed companies to
undertake for transacting specified business for postal ballots through
e-voting also.
The e-voting facility will be an
additional one and hence those shareholders who do not have access of this
facility may continue to send their assent or dissent in writing through postal
ballot.
For providing e-voting facility, said
listed companies will have to hire services of agency having certification from
Standardization Testing and Quality Certification (STQC) Directorate,
Department of Information Technology, Ministry of Communication and IT,
Government of India, New Delhi. At present only CDSL and NSDL has been given
said certification for such services.
No comments:
Post a Comment