07-31-2010, 05:37 AM
1. There is âORâ not âANDâ
It is not case that all the conditions must be met to demand a poll.
2. For example total shares issued by the company is 100 and I have 30 shares of the total. The number of directors fixed is 10. So I have (30*10) 300 votes.
I can give all those 300 votes to a single candidate or divide them between as I deem fit.
It is assumed that each share has voting power.
It is not case that all the conditions must be met to demand a poll.
2. For example total shares issued by the company is 100 and I have 30 shares of the total. The number of directors fixed is 10. So I have (30*10) 300 votes.
I can give all those 300 votes to a single candidate or divide them between as I deem fit.
It is assumed that each share has voting power.
