Dear All,
My query is that in case when in any general meeting a resolution is to be passed by ordinary resolution and suppose the number of members who are voting against the resolution are more than fifty percent however the share held by such members is far less than those who are voting for the resolution. Than how could we prove that there is majority if we consider according to the voting rights, or is it that we should consider that the resolution is not passed due to lack of required majority.
Can a poll be demanded in case of ordinary resolution and if so than in that case the votes cast in favour of the resolution are ascertained according to the shareholding of the member and not according to the number of members.
Kindly guide.
CAclubindia
