Section 47 of CA 2013 : Section 47: Voting Rights

CA 2013

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Explanation using Example

Imagine a company named "GreenTech Innovations Ltd." is holding its Annual General Meeting (AGM). At this AGM, several resolutions are to be voted upon, including the appointment of new directors, the adoption of financial statements, and a special resolution to amend the Articles of Association.

Mr. Sharma, an equity shareholder, holds 1,000 shares in GreenTech Innovations Ltd. According to Section 47 of the Companies Act, 2013, he has the right to vote on each resolution presented at the AGM. I...

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