Sec 47

Corporate & Other Laws

Mam, here provision didn't mention that aggregate paid up capital to be taken right? Then how did we consider aggregate paid up capital in this example?

Sugam SM

CA Final

★ 9K+

25-Aug-22 02:14

539

Answers (3)

Best Answer

Say proportion is 3:5 So when you compute it would be 3/8 and 5/8 as weights.

CA Suraj Lakhotia

Admin

25-Aug-22 09:21

The provision did mention about the proportionate paid up capital , The voting rights shall be proportionate to the paid up capital of the class of shares involved

Mounika Satya sai Mullapudi

CA Inter

★ 3K+

25-Aug-22 09:48

CA Suraj Lakhotia Admin

Say proportion is 3:5 So when you compute it would be 3/8 and 5/8 as weights.

Silly ques:(

Thread Starter

Sugam SM

CA Final

★ 9K+

25-Aug-22 14:31

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Sec 47

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