IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Postal ballot

Corporate & Other Laws

For items to be transacted through Postal ballot, will shareholders be given an opportunity to vote in GM if they have not cast their vote by PB? (Like they give for evoting)

Venkatesh Rathinam

CA Final

★ 15K+

19-Nov-20 11:53

327

Answers (2)

No.

Sriram Somayajula

Admin

20-Nov-20 07:29

Generally, for a Resolution passed by majority by postal ballot, there may not be a separate voting in GM. They are deemed to be passed at GM. So their is no point of coming to general meeting and voting again. However, in case of companies required to conduct voting by emode u/s 108, They may hold a GM to consider certain business required to be done by PB in general meeting. In that case, member can vote in GM if he has not voted in emode/postal ballot. Procedure specified u/s 108 and rule 20 will apply.