Section 108 of the Companies Act, now enables the government to regulate the type of boards that make up a business, as well as the way in which its members exercise their right to vote. This new regulation, put in place in 2013 by India’s central government, recommends the use of e-voting for all those elections regarding corporate governance.
Although the use of the system is not mandatory, each business organization or company that has more than 1,000 shareholders or members must provide the means for its members to choose the company’s authorities or general shareholders board through electronic voting.
The voting platform must comprise electronic ballots, and a system to capture votes. The entire voting process should be recorded on a central server to guarantee the reliability of the process.
The security system should include restricted access hardware and software that provides an adequate level of reliability and correct operation. Moreover, the system must be reasonably fit to carry out the functions of a particular company and should comply with the generally accepted security procedures.
The companies or businesses that use the system should keep in mind the principles of “cybernetic security” of the electoral process, which involve protecting information, equipment, devices, computer resources, communication equipment and the information stored there against unauthorized access, use, disclosure, alteration, modification, or destruction.
Members can exercise their right to vote electronically at any general meeting, and the company can pass any resolution through the electronic voting system in accordance with the provisions of the current regulations.
Source: http://aishmghrana.me/2014/06/25/e-voting/