Section 109 of CA 2013 : Section 109: Demand For Poll

Explanation using Example

Imagine a scenario where a tech company, with a share capital, holds its annual general meeting (AGM). During the meeting, a resolution is proposed to expand the company's operations overseas. The Chairman conducts a vote via a show of hands, and it appears the resolution will pass.

However, a small group of shareholders, who together hold 11% of the total voting power and shares worth 7 lakh rupees, are concerned about the risks of such expansion. They believe the matter requires more careful cons...

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