Question

As per Section 47 of the Companies Act, 2013, every member of a company limited by shares and holding equity share capital therein, shall have a right to vote on every resolution placed before the company. Which of the following is true in this regard? 

A Voting right on a poll shall be in proportion to the share in the paid-up equity share capital of the company
B Voting right on a poll shall be in proportion to the share in the authorised-up equity share capital of the company
C Voting right on a poll shall be in proportion to the share in the net owned funds of the company
D Voting right on a poll shall be in proportion to the share in the net assets of the company
E Voting right on a poll shall be in proportion to the share in the subscribed capital of the company
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