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Question

The Board shall, at the requisition made by, in the case of a company having a share capital, such number of members who hold, on the date of the receipt of the requisition___________

A More than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
B Less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
C Not less than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
D Not more than one-tenth of such of the paid-up share capital of the company as on that date carries the right of voting Correct Answer Incorrect Answer
E One-tenth of the paid-up share capital of the company or such per centage as the Board may decide Correct Answer Incorrect Answer

Solution

Section 100.Calling of extraordinary general meeting: (2) The Board shall, at the requisition made by— (a) in the case of a company having a share capital, such number of  members who hold, on the date of the receipt of the requisition, not less than one-tenth of such of the  paid-up share capital  of the company as on that date carries the right of voting; (b) in the case of a company not having a share capital, such number of members who have, on the date of receipt of the requisition, not less than one-tenth of the total voting power of all the members having on the said date a right to vote, call an extraordinary general meeting of the company within the period specified in sub-section (4).

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