Bank of Madras Act, 1843, 9 of 1843 (Rep., Act 5 of 1862)

Section XVIII. And it is hereby enacted, that at a General Meeting of the Proprietors, every election and other mat

Repealed or not in force · As amended up to 2026-08

XVIII. And it is hereby enacted, that at a General Meeting of the Proprietors, every election and other matter in question shall be decided by a majority of votes, and that no person shall be allowed to vote at any such Meeting in respect of any Share of the said Capital Stock acquired by transfer, or purchase, or otherwise than by Act of Law, unless such transfer shall have been completed Six Months at the least before the time of tendering such vote.

Source: India Code