Scrutinizer
A scrutinizer is an impartial and independent professional appointed to oversee the voting process during certain corporate events, as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. Generally, a Company Secretary is appointed as the scrutinizer due to their expertise in corporate governance and regulatory compliance.
Responsibilities of Scrutinizer:
Impartiality and Independence:
The scrutinizer shall maintain complete impartiality and independence throughout the voting process. They are responsible for ensuring that the voting is conducted in a free and fair manner, without any bias or undue influence.
Scrutinizer’s Report:
Once the voting process is completed, the scrutinizer prepares a scrutinizer's report detailing the voting results, including the number of votes in favor, against, and abstained. This report is crucial for establishing the authenticity and accuracy of the voting outcomes.
Compliance with Regulations:
The scrutinizer ensures compliance with SEBI regulations, the Companies Act, 2013, and any other relevant laws or guidelines related to voting processes. They ensure that the voting is conducted in line with the prescribed procedures and timelines.
5. Confidentiality and Security:
The scrutinizer is responsible for maintaining strict confidentiality regarding the voting details and ensures that the process is secure to prevent any unauthorized access or manipulation.
The role of a scrutinizer is integral in upholding corporate governance principles and ensuring the integrity of voting processes. Their impartiality, expertise, and adherence to regulatory guidelines contribute to building trust among shareholders and stakeholders, enhancing transparency and accountability in corporate affairs.
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