Shareholder voting rights may be restricted for unpaid calls or where the company has exercised a lien. The articles may restrict a member's voting rights for shares on which calls or other presently payable sums remain unpaid, or for shares subject to a company's exercised lien; no other grounds may be used to prohibit voting. On a poll, a member, proxy, or other person entitled to vote need not use all votes or cast them in the same way.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Shareholder voting rights may be restricted for unpaid calls or where the company has exercised a lien.
The articles may restrict a member's voting rights for shares on which calls or other presently payable sums remain unpaid, or for shares subject to a company's exercised lien; no other grounds may be used to prohibit voting. On a poll, a member, proxy, or other person entitled to vote need not use all votes or cast them in the same way.
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