Question

    A company limited by shares may issue equity shares with

    differential rights by passing a/an _____ at a general meeting, provided that the voting power of shares with differential rights shall NOT exceed _____ of the total voting power.
    A Special Resolution; 74% Correct Answer Incorrect Answer
    B Ordinary Resolution; 74% Correct Answer Incorrect Answer
    C Ordinary Resolution; 26% Correct Answer Incorrect Answer
    D Special Resolution; 26% Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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