Voting rights: equity votes proportionate to paid-up capital; preference votes limited unless dividends remain unpaid, then broadened. Equity shareholders may vote on every resolution with poll votes proportional to their paid-up equity capital. Preference shareholders vote only on resolutions that directly affect their rights, except they may vote on all resolutions if dividends on their shares have been unpaid for specified prolonged non-payment periods; when so entitled their poll votes are proportioned to the capital paid up on those preference shares relative to total paid-up equity capital.
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Provisions expressly mentioned in the judgment/order text.
Voting rights: equity votes proportionate to paid-up capital; preference votes limited unless dividends remain unpaid, then broadened.
Equity shareholders may vote on every resolution with poll votes proportional to their paid-up equity capital. Preference shareholders vote only on resolutions that directly affect their rights, except they may vote on all resolutions if dividends on their shares have been unpaid for specified prolonged non-payment periods; when so entitled their poll votes are proportioned to the capital paid up on those preference shares relative to total paid-up equity capital.
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