Product : An on line service to connect shareholders to companies. This will offer shareholders to register proxy's for meetings, vote electronically, and get alerts on AGM's. Similar to de-materialisation and depositary services to carry on activities on line using digital signatures.
Pricing : subscription by companies based on number of shareholders
Promotion: Can be made mandatory to offer such facilities to shareholders depending on how much lobbying power you have at the Ministry of company affairs. Large companies will find it a transparent method using a authorised third party to register proxy's for meetings.
Place: on line services available to a shareholder everywhere. You can actively participate in a company far away from your place of residence if voting on resolutions is also allowed, for a start giving a proxy to someone else is reasonable.
Process: Companies need to register first followed by their shareholders who have digital signatures, thereafter it is various types of transactions.
Want to write the software and sell it to stockholding corporation of India? Contact for further details. This service is required all over the world and has the potential to upgrade to offering services to directors who want to post/vote on board resolutions on line. Do write in. What do you think?
UPDATE: The green initiative of the Ministry of Corporate Affairs has began with optional e-annual reports. Still waiting ?
Pricing : subscription by companies based on number of shareholders
Promotion: Can be made mandatory to offer such facilities to shareholders depending on how much lobbying power you have at the Ministry of company affairs. Large companies will find it a transparent method using a authorised third party to register proxy's for meetings.
Place: on line services available to a shareholder everywhere. You can actively participate in a company far away from your place of residence if voting on resolutions is also allowed, for a start giving a proxy to someone else is reasonable.
Process: Companies need to register first followed by their shareholders who have digital signatures, thereafter it is various types of transactions.
Want to write the software and sell it to stockholding corporation of India? Contact for further details. This service is required all over the world and has the potential to upgrade to offering services to directors who want to post/vote on board resolutions on line. Do write in. What do you think?
UPDATE: The green initiative of the Ministry of Corporate Affairs has began with optional e-annual reports. Still waiting ?
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