Section 4G:
Proxy voting.
1[4G. Proxy voting.--In a general meeting referred to in clause (b) of sub-section (1) of section 4D
and sub-section (1) of section 4E, the resolution for conversion or reduction of share capital shall be
passed by shareholders entitled to vote, voting in person, or, where proxies are allowed, by proxy, and the
votes cast in favour of the resolution are not less than three times the number of votes, if any, cast against
the resolution by shareholders so entitled and voting.]
Notes:
1. Ins. by Act 39 of 2000, s. 6 (w.e.f. 5-9-2000).