CHAIRMAN

93. Chairman of General Meeting
The Chairman of the Board of Directors shall be entitled to take the chair at every general meeting, whether ordinary or extra ordinary, or if there be no such Chairman or if at any meeting he is not present within 15 minutes of the time appointed for holding such meeting or if he declines to take the chair, the members present shall elect another Director as Chairman and if no such Director be present, or if all the Directors present decline to take the chair, members present shall elect one of their members to be the Chairman of the meeting.

94.  Business confined to election of Chairman whilst the chair is vacant
No business shall be discussed at any general meeting except the election of a Chairman whilst the chair is vacant.

If a person other than the previous Chairman is elected as Chairman, as a result other poll, he shall be Chairman for the rest of the meeting.

Any candidate for the office of Chairman should not preside over the election and where an outgoing Chairman seeks re-election, he should vacate the chair pending the election, unless on a show of hands he is re-elected without any controversy.

95. Chairman may adjourn meeting
The Chairman with the consent of the meeting may adjourn any meeting from time to time and from place to place, but no business shall be transacted at any adjourned meeting other than the business left unfinished at the meeting which the adjournment took place.

96.Manner of taking votes
The resolutions shall be decided by votes taken in the manner as prescribed by Sections 177 to 185 of the Act

97.Demand for poll not to prevent transaction of other business
The demand for a poll shall not prevent the continuance of a meeting for the transaction of any business other than the business on which a poll has been demanded except on questions of the election of the Chairman and of an adjournment.

98.Demand for poll

A poll may be ordered to be taken by the Chairman of the meeting of his own motion, and shall be ordered to be taken by him on a demand made in that behalf by the person or persons specified in Section 179 of the Act, read with

 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45