EGM
This query is : Resolved
06 December 2010
Dear All,
Is preferance shareholder presenty necessary in EGM?
Is preferance shareholder presenty necessary in EGM?
udit sharma
(Expert)
06 December 2010
Hi...
Pursuant to the provisions of section 172(2) of the Companies Act, 1956 a preference shareholder is entitled to receive the notice of the GM of the Company and is also entitled to attend the meeting but shall be entitled to vote only inrespect of those business which affect his rights as a Preference shareholder of the Company.
Hope this solves your query
God Bless
Udit Sharma
Pursuant to the provisions of section 172(2) of the Companies Act, 1956 a preference shareholder is entitled to receive the notice of the GM of the Company and is also entitled to attend the meeting but shall be entitled to vote only inrespect of those business which affect his rights as a Preference shareholder of the Company.
Hope this solves your query
God Bless
Udit Sharma
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Ankur Garg
(Expert)
06 December 2010
Agree with expert
The rights of preferance shareholder are a bit limited. No the presence of preference shareholder is not necessary in EGM.
Attending GM of company is a right of shareholder of the company and not obligation.
Regards
The rights of preferance shareholder are a bit limited. No the presence of preference shareholder is not necessary in EGM.
Attending GM of company is a right of shareholder of the company and not obligation.
Regards
Message likes :
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