Lawgist106Restriction on voting rights
(1) Notwithstanding anything contained in this Act, the articles of a company may provide that no member shall exercise any voting right in respect of any shares registered in his name on which any calls or other sums presently payable by him have not been paid, or in regard to which the company has exercised any right of lien.
(2) A company shall not, except on the grounds specified in sub-section (1), prohibit any member from exercising his voting right on any other ground.
(3) On a poll taken at a meeting of a company, a member entitled to more than one vote, or his proxy, where allowed, or other person entitled to vote for him, as the case may be, need not, if he votes, use all his votes or cast in the same way all the votes he uses.
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- 88 Register of members, etc
- 89 Declaration in respect of beneficial interest in any shar
- 90 Register of significant beneficial owners in a Company
- 91 Power to close register of members or debenture holders or other security holder
- 92 Annual return
- 93 Omitted
- 94 Place of keeping and inspection of registers, returns, etc
- 95 Registers, etc., to be evidence
- 96 Annual general meeting
- 97 Power of Tribunal to call annual general meetin
- 98 Power of Tribunal to call meetings of members, et
- 99 Punishment for default in complying with provisions of sections 96 to 98
- 100 Calling of extraordinary general meeting
- 101 Notice of meeting
- 102 Statement to be annexed to notic
- 103 Quorum for meeting
- 104 Chairman of meetings
- 105 Proxie
- 106 Restriction on voting rights
- 107 Voting by show of hands
- 108 Voting through electronic means
- 109 Demand for poll
- 110 Postal ballot
- 111 Circulation of members‘ resolution
- 112 Representation of President and Governors in meetings
- 113 Representation of corporations at meeting of companies and of creditors
- 114 Ordinary and special resolutions
- 115 Resolutions requiring special notic
- 116 Resolutions passed at adjourned meetin
- 117 Resolutions and agreements to be filed
- 118 . Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting and resolutions passed by postal ballot
- 119 Inspection of minute-books of general meetin
- 120 Maintenance and inspection of documents in electronic form
- 121 Report on annual general meeting
- 122 Applicability of this Chapter to One Person Compan
