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Section 150
<br> deemed to have attended the general meeting
Notwithstanding anything contained elsewhere in this Act, except as otherwise provided in the company's regulations, if any shareholder of a private company communicates with all the shareholders by any means of communication and participates in the communication with another shareholder in such a way that the other shareholders can hear or read what each shareholder is saying. Each shareholder who participates in the communication will be deemed to have participated in the general meeting with other shareholders.
(2) Notwithstanding anything written elsewhere in this section, if any shareholder does not participate in the general meeting within three months of the general meeting, if a complaint is filed with the office along with the prescribed fee, the office shall consider the company concerned and if the company fails to prove that the complaining shareholder has participated in such meeting. The decision made by that assembly will not be valid.
(3) The meeting of shareholders conducted according to sub-section (1) shall be deemed to have been conducted at the place where the chairman of the meeting is present.
(4) The provisions of sub-section (1), (2) or (3) which are valid in relation to the general meeting of the company shall also be applicable in relation to the meeting of the sub-committee of directors or directors of such companies with necessary modifications.
(5) After the completion of the general meeting in accordance with sub-section (1), the details of the proceedings and decisions of the meeting shall be prepared annually and certified by the chairman of the meeting.
(2) Notwithstanding anything written elsewhere in this section, if any shareholder does not participate in the general meeting within three months of the general meeting, if a complaint is filed with the office along with the prescribed fee, the office shall consider the company concerned and if the company fails to prove that the complaining shareholder has participated in such meeting. The decision made by that assembly will not be valid.
(3) The meeting of shareholders conducted according to sub-section (1) shall be deemed to have been conducted at the place where the chairman of the meeting is present.
(4) The provisions of sub-section (1), (2) or (3) which are valid in relation to the general meeting of the company shall also be applicable in relation to the meeting of the sub-committee of directors or directors of such companies with necessary modifications.
(5) After the completion of the general meeting in accordance with sub-section (1), the details of the proceedings and decisions of the meeting shall be prepared annually and certified by the chairman of the meeting.