- Every listed company or a company having not less than one thousand shareholders, shall provide to its members facility to exercise their right to vote at general meetings by electronic means.
- Electronic voting (e-voting) is a term encircling several different types of voting, implementing both electronic means of casting a vote and electronic means of counting votes.
How Scrutinizer be Appointed:-
Board of Directors of the company shall appoint one scrutinizer, who may be chartered Accountant in practice, Cost Accountant in practice, or Company Secretary in practice or an advocate, but not in employment of the company and is a person of repute who, in the opinion of the Board can scrutinize the e-voting process in a fair and transparent manner.
Scrutinizer must be well versed with the E-Voting system and may take assistance of a person who is not in employment of the company
The scrutinizer shall, within a period of not exceeding three working days from the date of conclusion of e-voting period, unblock the votes in the presence of at least two witnesses not in the employment of the company and make a scrutinizer′s report of the votes cast in favour or against, if any, forthwith to the Chairman
The scrutinizer shall maintain a register either manually or electronically to record the assent or dissent, received, mentioning the particulars of name, address, folio number or client ID of the shareholders, number of shares held by them, nominal value of such shares and whether the shares have differential voting rights and register and all other documents shall remain in the custody of the scrutinizeruntil chairman consider, approves and sign the minutesScrutinizer shall declared results in the scrutinizer′s report which shall be placed on the website of the company and on the website of the agency within two days of passing of the resolution at the relevant general meeting of members.