Question
Subject to the provisions of Section 47 of Companies
Act, 2013, the proportion of the voting rights of equity shareholders in a company shall be in relation to their share in the ________.Solution
As stated under Section 47, (1) Subject to the provisions of section 43, sub-section (2) of section 50 and sub-section (1) of section 188,— (a) 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; and (b) his voting right on a poll shall be in proportion to his share in the paid-up equity share capital of the company.
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