Repealed or not in force · As amended up to 2026-08
Chapter XI: .
MEETINGS. | Section 52: Decision by majority of votes
52. Decision by majority of votes.
Persons not allowed to vote.
Shareholders in arrear as to calls.
53. Power to declare resolution carried by show of hands.
54. Poll to be taken, if demanded.
55. Proceedings and resolutions at meetings to be binding.
56. Scale of votes.
57. Proxies of proprietors or shareholders.
Existing proxies.
58. Voting by lunatic and minor shareholders.
CHAPTER XII.
NOTICES.
59. Service of notices by Bank.
60. Notices by shareholders.
61. Shareholder bound by notices, to previous holders.
62. Service of notices good, notwithstanding shareholder's death.
CHAPTER XIII.
BYE-LAWS.
63. Power of directors to make bye-laws.
Proviso.
CHAPTER XIV.
MISCELLANEOUS.
64. Power to institute and compromise suits.
65. Evidence in legal proceedings against shareholders.
66. Modification of 33 Geo. III, Sess. 2, Cap. 52.
67. Power to wind up Bank under Indian Companies Act.
52. At meetings whether general or special, every election and other matter submitted to the meeting shall be decided by a majority of votes, except as in
Source: India Code