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 . The vote is in proportion to his /her share in the ___________ of the company.Solution
As per Section 47 of the Companies Act, 2013 (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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