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Aquire stake

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(Querist)
22 June 2009 how much shares should be acquire for control the another company and for stop the special & ordinary Resolution?
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CS Vivek Hegde

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CS Vivek Hegde (Expert)
23 June 2009 Mr. Vinay

Ordinary resolution requires 51% majority.

Speccial Resolution requires 75% majority.

So if u aquire 50% of shares u can stop ordinary resolution and if u aquire 26% u can stop special resolution

rgs

Vivek

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