Business Studies

State the following statement is True or False:
The principle of 'one share one vote' is used in the poll voting method. 


ANSWER

True


SOLUTION
As per Section 109 a poll may be demanded by such number of members holding, shares worth minimum value of Rs. Five Lakh or 10% voting power in the Company. Principle of “One share – One vote” is recognized under this method.
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TRUE/FALSE Medium Published on 18th 08, 2020
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