Thursday, 16 October 2014

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.

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