Casting vote of chairman

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 December 2010 Can the Chairman of the following committees of a Public limited company, exercise his power of casting vote?
1. Audit Committee
2. Remuneration Committee
3. Share Holders' Grievance Committee

Please suggest.

Ajay Mishra

Ajay Mishra (Expert)
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18 December 2010 Chairman’s Casting Votes

The casting vote is given by chairman to decide an issue when votes on each side are equal. It is a vote of a chairman of a meeting, which he can use in the event of a tie in voting. A casting vote is therefore a vote which is decisive in that it turns or titles the scale on one side or another {R.v. Bradford Metropolitan City Council (1989) 3 All ER 156 (CA)}.

The same will apply to all committee meeting.

Regards
CS Ajay Mishra