Section 295. Votes of joint holders of shares

(1) In the case of joint holders of shares of a company, the joint holders shall be considered as one shareholder.

(2) For the purposes of subsection (1)—

(a) if the joint holders purport to exercise the power in the same way, the power is treated as exercised in that way; or

(b) if the joint holders do not purport to exercise the power in the same way, the power is treated as not exercised.