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of <h1>Clause 115: Resolutions Needing Special Notice Require 1% Voting Power or 1 Lakh Paid-Up Shareholder Notification.</h1> Clause 115 of the Companies Bill, 2011, addresses resolutions requiring special notice. It mandates that when a resolution demands special notice under the Act or a company's articles, members holding at least one percent of total voting power or shares with a paid-up sum of at least one lakh rupees must notify the company of their intention to move such a resolution. The company is then required to inform its members of the resolution in a prescribed manner.
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