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Company Meetings – I — Secretarial Practice STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsSecretarial PracticeCompany Meetings – I4 Marks
Question
The chairman has the right of casting vote.
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Answer

  • A casting vote is a special type of vote given only by the Chairman of the meeting.
  • It is an additional vote given to the Chairman in case of equality of votes in favour and against a motion.
  • The chairman can use his vote only in the case of a tie.
  • This means when the votes cast for and against the resolution are equal.
  • It is a decisive vote as the final decision depends on the manner in which it is used by the Chairman.
  • The purpose of the casting vote is to have some definite decision on the matter for discussion before the meeting.
  • As per the provision in the Articles of Association, this vote can be exercised only by the chairman of the meeting.
  • Hence, the chairman has the right of casting vote.
  • Thus, the chairman has the right of casting vote.

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