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Question
Study the following case/situation and express your opinion
Mr. P is elected as Chairman of General Meeting. Please advise him on the following matters:
- What should be done if the votes cast in favour and against the motion are equal?
- How many votes can a member cast under poll method?
- What should Mr. P do if any point of order is raised by a member?
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Solution
- If votes cast in favour and against the motion are equal, Mr. P, a Chairman of General Meeting should cast one additional vote either in favour of the motion or against the motion.
- Under poll method of voting a member can vote in proportion to the number of shares held by him, e.g. if 10 shares are held by a member. he can cast 10 votes.
- If any point of order is raised by a member. Mr. P has to decide whether the point of order is correct or not. If he accepts it, the irregularity. is to be rectified and if he does not agree to the point of order, the business of the meeting is to be continued as before. Before giving the ruling Mr. P can consult an expert or an experienced person in the meeting. Mr. P’s ruling is final and binding on the members.
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| 10 | Representative of member | ||
| 11 | Representative of a director | ||
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Group B |
|
Substantive |
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