How many votes

Others 525 views 5 replies

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)

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.

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

agreed.

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

so 1 share holde.,, 1 vote

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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register