The Death of Physical AGMs: Legal Challenges of Fully Digital Shareholder Democracy

Introduction The holding of a physical AGM over the virtual AGM became a mandate during the COVID-19 pandemic which allowed shareholders flexibility in holding a meeting with zero contact. However, with its advantages to its functionality, there were various disadvantages related to trust, data security, technical glitches etc. By issuing a circular in 2011 under Corporate Governance the Ministry of Corporate Affairs has promoted less pollution and wastage, and moved towards green...