Insolvency) No. 137 of 2017
4
provided certain matters as 'affirmative vote matters' is inter alia to put
restrictions on the powers ... purported decision to file the
application is squarely covered by affirmative vote matters for which, as
per Article 9.1 , prior written consent of the Appellants
shall be formalised by means of either a consensus or an affirmative vote of a majority of members, present including the Chairperson of the Senate
Board shall be decided by means of a consensus or an affirmative vote of a majority of the members, present including the President
Council shall be decided by means of a consensus or an affirmative vote of a majority of members, present including the Chairperson. If the votes
Schedule 3,
which is hereinafter referred to as "Affirmative Vote Items",
without the affirmative vote of at least one of the Directors
nominated ... petitioner. The 36 Affirmative Vote Items listed
Schedule 3, inter alia, include: (a) Altering the Charter
Documents, (b) Appointment and changing internal or external
auditors
Schedule-II thereof provides for a list of matters which
requires affirmative vote of 'AM Netherlands'.
66. A letter of offer ... Board of 'KSS Global BV' and had affirmative
voting rights on decisions regarding various matters at the Board and
shareholder level in respect
independent directors on the board, as well as
certain affirmative voting rights. This required that the Articles of
Association be amended, which was never ... nominee directors in KSS Global, and
provided for an affirmative vote of shareholders with respect to
certain matters. According to the learned Senior Advocate
namely, IDBI Trusteeship Services Ltd.
accepted its assenting vote of 0.42% for it could not vote on 26/27 March, 2018
owing to technical reasons ... email to the Resolution Professional indicating its desire to put affirmative vote
of 6.31% to the purported resolution plan, though maximum 270 days for CIRP
Council shall be decided by means of a consensus or an affirmative vote of a majority of members, present including the Chairperson. If the votes ... Board shall be decided by means of a consensus or an affirmative vote of a majority of the members, present including the President
independent directors on the board, as well as
certain affirmative voting rights. This required that the Articles of
Association be amended, which was never ... nominee directors in KSS Global, and
provided for an affirmative vote of shareholders with respect to
certain matters. According to the learned Senior Advocate
