07-31-2010, 06:49 AM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by VITAL</i>
<br />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.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
i am totally satisfied by your answer regarding Section 178.. but regarding poll, "OR" is just between clause (c) and (d)? so, i thought, any one of clause (c) or (d) and clause (a)/(b) whichever is applicable..
please correct my understanding if i am wrong..
thanks
<br />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.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
i am totally satisfied by your answer regarding Section 178.. but regarding poll, "OR" is just between clause (c) and (d)? so, i thought, any one of clause (c) or (d) and clause (a)/(b) whichever is applicable..
please correct my understanding if i am wrong..
thanks