Business Studies

Which of the following statement is false?


ANSWER

All the equity shareholders have equal voting rights


SOLUTION
As per companies act, 2013, every member of company limited by shares and holding any equity share capital shall have a right to vote in respect of such capital on every resolution placed before the company and his voting rights on a poll shall be proportionate to his share of the equity share capital of a company. Therefore, the statement that all equity shareholders have equal voting rights is FALSE.
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Single Correct Medium Published on 18th 08, 2020
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