What is the difference in the given provisions
Voting - 74%
Share - 26%
venkatesh sundharamoorthy
CA Final
★ 34K+
05-Oct-22 22:16
165
Answers (3)
In respect of voting power
It should not exceed 74% of total voting power
But in case of capital share capital it should not exceed 26%
Each share may not contribute 1 vote even it may contribute more than 1 vote