https://www.taxtmi.com/acts?id=17344 Section 47 entitles equity shareholders to vote on every resolution with poll votes proportional to their paid-up equity capital, subject to related statutory qualifiers. Preference shareholders may vote only on resolutions that directly affect their class rights, on winding up, or on repayment/reduction of capital, with poll votes proportional to paid-up preference capital; equity and preference voting power must reflect their respective paid-up capitals, and preference shareholders whose dividends have been unpaid for two years or more gain full voting rights on all resolutions. en-us Sat, 02 Mar 2013 11:13:57 +0530 Wed, 24 Dec 2025 14:24:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17344 Section 47 entitles equity shareholders to vote on every resolution with poll votes proportional to their paid-up equity capital, subject to related statutory qualifiers. Preference shareholders may vote only on resolutions that directly affect their class rights, on winding up, or on repayment/reduction of capital, with poll votes proportional to paid-up preference capital; equity and preference voting power must reflect their respective paid-up capitals, and preference shareholders whose dividends have been unpaid for two years or more gain full voting rights on all resolutions. Act-Rules Companies Law Sat, 02 Mar 2013 11:13:57 +0530 https://www.taxtmi.com/acts?id=17344