Companies Act, 2013
106.
Voting
by show of hands.
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,
where allowed, or other person entitled to vote for him, as the case may be,
need not, if he votes, use all his votes or cast in the same way all the votes
he uses.