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[Cites 0, Cited by 15] [Section 87] [Entire Act]

Union of India - Subsection

Section 87(1) in The Companies Act, 1956

(1)Subject to the provisions of section 89 and sub-section (2) of section 92-
(a)every member of a company limited by shares and holding any equity share capital therein shall have a right to vote, in respect of such capital, on every resolution placed before the company; and
(b)his voting right on a poll shall be in proportion to his share of the paid-up equity capital of the company.