Repealed or not in force · As amended up to 2026-08
XVII. And it is hereby enacted, that at all such General Meetings the Proprietors shall vote according to the following scale:
The Proprietor of 4 Shares of 1, 000 Rs. shall be entitled to..1vote.
|20|"|"|"|"|"|2|"|
|---|---|---|---|---|---|---|---|
|40|"|"|"|"|"|3|"|
|60|"|"|"|"|"|4|"|
|80|"|"|"|"|"|5|"|
|120|"|"|"|"|"|6|"|
|160|"|"|"|"|"|7|"|
And no Proprietor shall be entitled to more than seven votes.
Source: India Code