#software for voting

In the era of technological advancement, all organizations – big or small, use one or mix of several digital communication media such as video-conferencing, webcast, etc., to conduct their daily affairs. In the ‘digitally flattened’ world physical presence becomes ever increasing hurdle and that is why webinars, web conference calls are becoming inseparable part of organizational functioning.

Corporate world has made an early entry, wherein shareholders of listed limited companies are eligible to vote for a resolution on-line. In India, Ministry of Corporate Affairs (MCA) vide notification of section 108 of the Companies Act, 2013 mandated every listed company with one thousand shareholders should allow its members to exercise their vote electronically during general meetings. This will help ensure wider shareholder participation in corporate governance. Various study results suggest that this initiative by the MCA has contributed positively in good corporate governance.

But a large number of smaller companies in terms of member strength are still out of coverage. Forward thinking smaller organizations, unlisted companies, other registered associations are not waiting for regulatory norms to be established and some organizations are amending the constitution to incorporate eVoting as a proactive attempt.