Section 115
Resolutions requiring special notice
About this Act
An Act to consolidate and amend the law relating to companies.
Where, by any provision contained in this Act or in the
articles of a company, special notice is required of any resolution, notice of the intention to move such
resolution shall be given to the company by such number of members holding not less than one per cent.
of total voting power or holding shares on which such aggregate sum not exceeding five lakh rupees, as
may be prescribed, has been paid-up and the company shall give its members notice of the resolution in
such manner as may be prescribed.