https://www.taxtmi.com/acts?id=14421 A company limited by shares may issue differential voting rights shares only if it satisfies statutory eligibility including distributable profits and timely filings, has no defaults or relevant convictions, the Articles authorise such issuance, and shareholders approve the issue (postal ballot for listed public companies). The meeting notice must explain voting rate and proportional variation, prohibit conversion between voting and differential voting equity, limit differential voting shares to 25% of issued capital, and confirm entitlement to bonus and rights shares and other rights except the specified voting rights. en-us Thu, 02 Jun 2011 10:44:57 +0530 Thu, 02 Jun 2011 10:44:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14421 A company limited by shares may issue differential voting rights shares only if it satisfies statutory eligibility including distributable profits and timely filings, has no defaults or relevant convictions, the Articles authorise such issuance, and shareholders approve the issue (postal ballot for listed public companies). The meeting notice must explain voting rate and proportional variation, prohibit conversion between voting and differential voting equity, limit differential voting shares to 25% of issued capital, and confirm entitlement to bonus and rights shares and other rights except the specified voting rights. Act-Rules Companies Law Thu, 02 Jun 2011 10:44:57 +0530 https://www.taxtmi.com/acts?id=14421