How EGM E-Voting Works Under Section 100

1. Requisition Paths Under Section 100

An EGM may be convened by the Board of Directors on its own motion or upon the formal requisition of members holding not less than 10% of the paid-up share capital carrying voting rights.

• Board-Convened EGM: Routine or urgent special business initiated by corporate management.
• Member-Requisitioned EGM: If the Board fails within 21 days to call the meeting within 45 days of valid requisition, the requisitionists may call and hold the meeting themselves within 3 months.

2. Shorter Notice Provisions Under Section 101

While general meetings normally mandate 21 clear days notice, Section 101(1) proviso allows an EGM to be called on shorter notice if consent is given by members representing not less than 95% of the paid-up share capital carrying voting rights.

3. Special Resolutions & Supermajorities

Most business transacted at an EGM constitutes Special Business requiring Special Resolutions under Section 114(2), meaning affirmative votes must equal at least three times negative votes ($Assent \ge 3 \times Dissent$).