Deferment on applicability of provisions of E-voting till 31st December,2014

Clarification with regard to voting through electronic means

MCA has vide its General Circular No. 20/2014 dated 17th June 2014 deferred provisions relating to E-voting till 31st December 2014.

Section 108 of the Companies Act, 2013 read with rule 20 of the Companies (Management and Administration) Rules, 2014 deal with the exercise of right to vote by members by electronic means (e-means). Corporates and other stakeholders while appreciating the new approach have drawn attention to some practical difficulties in respect of general meetings to be held in the next few months.

The suggestions received from the stakeholders have been examined. It is noticed that compliance with procedural requirements, engagement of Depository Agencies and the need for clarity on matter like demand for poll/ postal ballot etc will take some more time.

Accordingly, it has been decided not to treat the relevant provisions as mandatory till 31st December, 2014.

Clarifications with respect to E-voting are available on  General Circular No. 20/2014