Section 192A of Companies Act,1956

This query is : Resolved 

15 December 2009 Can an unlisted company pass a resolution by postal ballot? please substantiate your reply by quoting Section or case law. Reply as soon as possible.

15 December 2009 No, The Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 - Rule 3 says "These rules shall be applicable to listed companies and in case of resolutions relating to such business as are specified in rule 4."

Hence for unlisted companies, these rules are not applicable.

Regards
CS Pawan Kumar Baid

15 December 2009 I agree with the view of Mr. Pawan Baid


15 December 2009 Agree



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