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How many votes

Others 542 views 5 replies

mounika

semi qualified chartered accountant

981 Points Joined May 2011

IF A PERSON HOLDS 10000 SHARES IN SOME XX LTD.. THEN HOW MANY VOTES HE POSSESS IN A GENERAL MEETING. IN WHAT BASIS NO.OF VOTES OF A PERSON DEFINES.

THANKS IN ADVANCE

Replies (5)

CS,CA F,Numrologi TusharSampat

CS CA F Numerologist Astrologer Graph

85935 Points Joined May 2010

1 PERSON HAS NORMALLY ONE VOTE ONLY .

It does not depend on no of shares held. .

Only Chairman can vote an additional vote called CASTING VOTE if there is a tie.

CA phanikumar chebolu

B.com CMA (CS professional)

556 Points Joined August 2008

Originally posted by : TusharSSampatM.Com CA,CS-FINAL
	1 PERSON HAS NORMALLY ONE VOTE ONLY . It does not depend on no of shares held. . Only Chairman can vote an additional vote called CASTING VOTE if there is a tie.

Agreed

CA KETAN JOSHI

223 Points Joined March 2009

agreed.

Deepak Agarwal

Chartered Accountant

117 Points Joined October 2010

Normally 1 share holder posses 1 vote only except he has differential voting rights..,

so 1 share holde.,, 1 vote

Pavan Bharadwaj

Practicing Chartered Accountant

353 Points Joined January 2010

In case of show of hands, every shareholder will get one vote irrespective of number of shares held by him. In case of voting through poll, one vote for every share.