Counting votes in a meeting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2010
I would like toknow what is the basis for passing a resolution by cotes or poll ?
Is 1 share holder = 1 vote or
10share = 10vote
Please clarify the basis of counting the votes in case passing resolutions.
Its very very very urgent.
Is 1 share holder = 1 vote or
10share = 10vote
Please clarify the basis of counting the votes in case passing resolutions.
Its very very very urgent.
Ankur Garg
(Expert)
20 February 2010
Normally one shareholder is equal to 1 vote.
But when poll is taken the situation is different. In poll value is counted.
For example if you are holding 80% share capital.
Then in Normal voting your only 1 vote counted as one shareholder is equal to 1 vote.
But when poll is taken the situation is different and your vote is most imp. If you vote against the resolution then such resolution can not be passed.
Regards
But when poll is taken the situation is different. In poll value is counted.
For example if you are holding 80% share capital.
Then in Normal voting your only 1 vote counted as one shareholder is equal to 1 vote.
But when poll is taken the situation is different and your vote is most imp. If you vote against the resolution then such resolution can not be passed.
Regards
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