BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020
Section 10: Shareholder’s Voting Rights to be Proportional to Shareholding.
Notwithstanding the provisions of the Companies and Allied Matters Act or any agreement or contract, the voting rights of every shareholder in a bank shall be proportional to individual contributions to the paid-up share capital of the bank.
(CAMA, Act No. 3, 2020)
Cite this section
Section 10, BANKS AND OTHER FINANCIAL INSTITUTIONS ACT, 2020 (2020).
https://repo.podus.ai/laws/banks-and-other-financial-institutions-act-2020/section/10/