Cos 115 — Resolutions requiring special notice

Companies Act, 2013

Statutory text

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.

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