Section 106 — Restriction on voting rights
(1) Notwithstanding anything contained in this Act, the articles of
a company may provide that no member shall exercise any voting right in respect of any shares registered
in his name on which any calls or other sums presently payable by him have not been paid, or in regard to
which the company has exercised any right of lien.
(2) A company shall not, except on the grounds specified in sub-section (1), prohibit any member from
exercising his voting right on any other ground.
(3) On a poll taken at a meeting of a company, a member entitled to more than one vote, or his proxy,
Related sections
- Section 88 — Register of members, etc
- Section 89 — Declaration in respect of beneficial interest in any share
- Section 91 — Power to close register of members or de benture-holders or other security holders
- Section 92 — Annual return
- Section 93 — [Return to be filed with Registrar in case promoter’s stake changes .] Omitted by the Companies Act,
- Section 94 — Place of keeping and inspection of registers, returns, etc
- Section 95 — Registers, etc., to be evidence
- Section 96 — Annual general meeting
- Section 97 — Power of Tribunal to call annual general meeting
- Section 98 — Power of Tribunal to call meetings of members, etc
- Section 99 — Punishment for default in complying with provisions of sections 96 to 98
- Section 100 — Calling of extraordinary general meeting
- Section 101 — Notice of meeting
- Section 102 — Statement to be annexed to notice
- Section 103 — Quorum for meetings
- Section 104 — Chairman of meetings
- Section 105 — Proxies
- Section 107 — Voting by show of hands
- Section 108 — Voting through electronic means
- Section 109 — Demand for poll
- Section 110 — Postal ballot
- Section 111 — Circulation of members’ resolution
- Section 112 — Representation of President and Governors in meetings
- Section 113 — Representation of corporations at meeting of companies and of credi tors
- Section 114 — Ordinary and special resolutions
- Section 115 — Resolutions requiring special notice
- Section 116 — Resolutions passed at adjourned meeting
- Section 117 — Resolutions and agreements to be filed
- Section 118 — Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting
- Section 119 — Inspection of minute-books of general meeting
- Section 120 — Maintenance and inspection of documents in electronic form
- Section 121 — Report on annual general meeting
- Section 122 — Applicability of this Chapter to One Person Company