dear sir
kindly confirm voting depends upon no shares or no share holders
Hi Dharani,
There are different 2 methods of voting as per Companies Act -
1. Voting by Show of hands - In this method, no. of shares held by a person is irrelevant. The motion will be passed if more people raise hand in favour than those opposing the motion.
2. Voting by Poll - In this method, no. of shares held by the voter matters as the vote share of a person is computed by no. of shares held by him in proportion to total no of shares issued by the company.
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