Section 293. General rules on voting

(1) Unless otherwise provided in the constitution—

(a) in the case of a company having a share capital—

(i) on a vote on a written resolution, every member shall have one vote in respect of each share or stock held by him;

(ii) on a vote on a resolution on a show of hands at a meeting, every member shall have one vote; or

(iii) on a vote on a resolution on a poll taken at a meeting, every member shall have one vote in respect of each share or stock held by him; and

(b) in the case of a company not having a share capital, every member shall have one vote.

(2) Notwithstanding paragraph (1)(a), no member shall be entitled to vote at a meeting unless all calls or other sums presently payable by the member in respect of shares in the company has been paid.

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