Suspansion of voting rights...
This query is : Resolved
Ankur Garg
(Querist)
28 March 2009
As provided by Section-181 through Articles we may put restrictions on voting rights of members for non-payment of call money.
Now my Articles are authorising me for the same but what i need is a sample board meeting resolution for putting such restriction. Kindly provide the same if possible...Thanks n Regards...
Now my Articles are authorising me for the same but what i need is a sample board meeting resolution for putting such restriction. Kindly provide the same if possible...Thanks n Regards...
CA. B.SRINIVASULU
(Expert)
03 April 2009
RESOLVED THAT "Pursuant to Section 181 of the Companies Act and as per claue ___ (no) of the Articles of the association the voting rights for the following shares as given in the annexure has been restricted.
Further resolveed that the restriction to put on will be (a) (b) (c) ."
The details are as follows:
Sl.no.
Share Certificate no.
Distinctive nos from to
no of shares
Call money due on
Call money due
RESOLVED THAT "Pursuant to Section 181 of the Companies Act and as per claue ___ (no) of the Articles of the association the voting rights for the following shares as given in the annexure has been restricted.
Further resolveed that the restriction to put on will be (a) (b) (c) ."
The details are as follows:
Sl.no.
Share Certificate no.
Distinctive nos from to
no of shares
Call money due on
Call money due
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