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In Connection with Company Meetings, Write Short Notes on : Voting by Poll. - Business Studies

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Question

In connection with company meetings, write short note on :
Voting by Poll. 

Short Note

Solution

If the members are not satisfied with the result of voting by show of hands, they may demand voting by-poll. On a pool, every member is entitled to cast votes in proportion to the number of shares held by him. A proxy can also caste a vote. A proxy is free to distribute his votes in the manner he likes.

Voting by poll may be demanded by:

  • the chairman
  • any five members present in person or by proxy and having the right to vote on the motion in question in case of a public limited company, or
  • one member in case less than seven persons are present if more than 7 members are present in case of a private limited company
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Elements of the Communication Process
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2013-2014 (March) Set 1

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