Skip to content

Latest commit

 

History

History
18 lines (10 loc) · 897 Bytes

File metadata and controls

18 lines (10 loc) · 897 Bytes

Section 293. General rules on voting

(1) Unless otherwise provided in the constitution—

 \(a\) in the case of a company having a share capital—

      \(i\) on a vote on a written resolution, every member shall have one vote in respect of each share or  
      stock held by him;

      \(ii\) on a vote on a resolution on a show of hands at a meeting, every member shall have one vote; or

      \(iii\) on a vote on a resolution on a poll taken at a meeting, every member shall have one vote in  
      respect of each share or stock held by him; and

 \(b\) in the case of a company not having a share capital, every member shall have one vote.

(2) Notwithstanding paragraph (1)(a), no member shall be entitled to vote at a meeting unless all calls or other sums presently payable by the member in respect of shares in the company has been paid.