Companies Act 1956: Postal Ballet

Company law Postal Ballet

Section 190 and 192A

Whenever a company wants to take any decision then the company may take the help of postal ballet, in this scheme company has to carry out following steps.

1. Company has to give a notice to the members along with the explanations.
2. Company has to take the approval of C. Govt for passing the resolution.
3. The company will send a ballet paper to the members of company along with pre stamped envelope.
4. The members will pass their vote and they will send the vote by post.
5. Votes will be counted and decision will be taken by the company.

Also read:

• Companies Act 1956:
• Preliminary
• Promotion
• Incorporation
• Memorandum of Association
• Articles of Association
• Doctrines On Memorandum and Articles
• Alteration in Articles and Memorandum
• Prospectus
• Types of Prospectus
• Misstatement in prospectus
• Charge of the Company
• Debentures
• Statutory General Meeting
• Annual General Meeting
• Common provisions regarding all the General Meetings
• Minutes and business of a meeting