Section 47(2) ,1st proviso says that proportion of voting rights of equity holders with proportion of preference holders shall be in same proportion as total paid up capital in respect of equity shares bears to total paid up capital in respect of preference shares ".
So How to calculate voting rights of equity holders & preference holders in a meeting where both are attending ,Pls give example !!
prefrence share holders are not entitled to vote
they will vote only in case if thier rights are misplaced
CAclubindia
