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Circular No. 17/2011-Green Initiatives in the Corporate Governance--Clarification regarding service of documents by e-mode instead of Under Posting Certificate (UPC).

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..... Circular No. 17/2011-Green Initiatives in the Corporate Governance--Clarification regarding service of documents by e-mode instead of Under Posting Certificate (UPC). - News and Press Release Dated:- 21-4-2011 - News - Circular No. 17/2011 No 17/95/2011 CL-V Government of India Ministry of Corporate Affairs 5th floor, 'A' Wing, Shastri Bhawan, Dr. Rajendra Prasad Roa .....

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..... d, New Delhi Dated: 21.04.201 1 All the Regional Directors, All the Registrar of Companies/ Official Liquidators Subject: -Green Initiatives in the Corporate Governance--Clarification regarding service of documents by e-mode instead of Under Posting Certificate (UPC). Sir, The Ministry of Corporate Affairs has taken a "Green Initiative in the Corporate Governance" by allow .....

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..... ing paperless compliances by the Companies after considering sections 2, 4, 5, and 81 of the Information Technology Act, 2000 for legal validity of compliances under Companies Act through electronic mode. Section 53 of the Companies Act, 1956 provides service of documents under 'Certificate of posting' as one of the accepted mode of service. Whereas the Department of posts has recently discontin .....

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..... ued the postal facility under 'Certificate of posting' vide their letter dated 23.02.2011. The Information Technology Act, 2000 also permits service of documents etc., in electronic mode. Keeping in view of above, it is hereby clarified that a company would have complied with Section 53 of the Companies Act, if the service of document has been made through electronic mode provided the company h .....

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..... as obtained e-mail addresses of its members for sending the notice/documents through e-mail by giving an advance opportunity to every shareholders to register their e-mail address and changes therein from time to time with the company. In cases where any member has not registered his e-mail address with the company, the service of document etc will be effected by other modes of service as provid .....

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..... ed under section 53 of the Companies Act, 1956. Yours faithfully, (Kamna Sharma) Assistant Director - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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