Voting by related party

    Posted By : Hetal Koradia / Published on : 20-Sep-2019 08:46 AM / View : 31 / Comment : 0
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    Dear Members,
    Kindly provide the Answer with provision of Act & Rules for below mentioned query:

    Agenda Item of AGM Notice: Re-appointment of Mr. Mahendra Shah ( Executive Chairman and WTD) for another term of 5 years.
    Related person on Board:
    Mr. Jatin Shah (son)( Managing director of the company)
    Mrs. Pushpa M. Shah (Wife) ( Executive Director of the Company)

    other related persons from friend & family are the members of the company.

    My question is whether Father, mother, wife, son & daughter or others as covered in word related as per section 2(76) would be barred from voting or if voted either by e-voting / ballot paper, should their votes to be invalidated?

    In this Agenda Item, who can not vote?
    Read more on : party related voting



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