If the shareholders not less than _____ of the issued shares of class did not consent to the variation or vote in favor of the special resolution for the variation, such shareholders may apply to the Tribunal to have the variation cancelled.

Related MCQs

• The Bonus shares may be issued out of the _____________________
• A Director may be elected by small shareholders upon a notice by
• X, Y and Z are partners in a firm. X, without the authority of Y and Z buys certain shares in his name out of partnership money. These shares will constitute
• When a professional promotes a position or opinion to such extent that some objectivity may have to be compromised, this threat is known as
• Rule 34 provides that where the Tribunal has made winding up order of a LLP, the liquidator shall submit a report containing which of the following particulars:
• The company shall not issue sweat equity shares for more than _______________ of the existing paid up share capital in a year.
• At every AGM, not less than ________ of the total number of directors shall retire by rotation.
• First aid boxes or cupboard equipped with prescribed contents and not less than one in number must be provided and maintained in every factory so as to be accessible during all working hours for every
• In the case of an adjourned meeting the company shall give not less than _____ notice to the members.
• Gratuity is payable to an employee after he has rendered continuous service for not less than five years on his