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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Companies Bill Clause 106: Voting Rights Restricted for Unpaid Shares or Lien; Flexibility in Vote Casting During Polls.</h1> Clause 106 of the Companies Bill, 2011, addresses restrictions on voting rights. It allows a company's articles to stipulate that a member cannot exercise voting rights for shares if any due payments on those shares are outstanding or if the company has a lien on them. The company cannot restrict voting rights on any other grounds than those specified. During a poll at a company meeting, a member with multiple votes, or their proxy, is not required to use all votes or cast them uniformly.