WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
Chairman of
General Meeting.
Business confined
to election of
Chairman while
chair vacant.
Chairman with
consent may
adjourn meeting
Questions at
General Meeting
how decided
Chairman’s
casting vote.
85.
86.
and place or to such other day and at such other time and
place in the city or town in which the Office of the Company is
for the time being situate, as the Board may determine, and if
at such adjourned meeting a quorum is not present at the
expiration of half an hour from the time appointed for holding
the Meeting, the Members present shall be a quorum, and
may transact the business for which the Meeting was called.
The Chairman (if any) of the Board shall be entitled to take the
Chair at every General Meeting, whether Annual or
Extraordinary. If there be no such Chairman of the Board, or if
at any Meeting he shall not be present within fifteen minutes of
the time appointed for holding such Meeting, or if he shall be
unable or unwilling to take the Chair then the Managing
Director shall be entitled to take the Chair and failing him the
Directors present may choose one of their number to be the
Chairman of the Meeting. If no Director be present or if all the
Directors present decline to take the Chair, then the Members
present shall elect one of their number to be the Chairman.
No business shall be discussed at any General Meeting except
the election of a Chairman, while the Chair is vacant.
87. The Chairman with the consent of the Members may adjourn
any Meeting from time to time and from place to place in the
city or town in which the office of the Company is for the time
being situate, but no business shall be transacted at any
adjourned Meeting other than the business left unfinished at
the Meeting from which the adjournment took place.
88. At any General Meeting a resolution put to the vote of the
Meeting shall, unless a poll is ordered by the Chairman of the
Meeting, be decided on a show of hands. A declaration by the
Chairman, that a resolution has on a show of hands has been
carried or carried unanimously or by a particular majority or
lost and an entry to that effect in the minutes book of the
Company shall be conclusive evidence of the fact without proof
of the number or proportion of the votes recorded in favour of
or against that resolution. Before or on the declaration of the
result of the voting on any resolution on a show of hands, a poll
may be ordered to be taken by the Chairman of his own motion
and shall be ordered to be taken by him on a demand made in
that behalf by any Member or Members present in person or by
Proxy and holding shares in the Company which confer a power
to vote on the resolution not being less than one-tenth of the
total voting power in respect of the resolution or on which an
aggregate sum of not less than fifty thousand rupees has been
Paid up.
89. In the case of an equality of votes, the Chairman shall both on
a show of hands and at a poll (if any) have a casting vote in
addition to the vote or votes to which he may be entitled as a
Member.
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