Bare ActsCompanies Act, 1956

Section 182

Restrictions on exercise of voting right in other cases to be void

Amendment status not verified — confirm the current text below against the official source.

A public company, or a private company which is a subsidiary of a public company, shall not prohibit any member from exercising his voting right on the ground that he has not held his share or other interest in the company for any specified period preceding the date on which the vote is taken, or on any other ground not being a ground set out in Section 181.

Section 182 – Companies Act, 1956 | DailyLaw.ai