‘X’ a member of LKM Ltd. is holding 250 shares, which are partly paid. The company held its general meeting where voting right was denied to ‘X’ claiming he has not paid the calls on the shares held by him. Examine the validity of the company’s denial to ‘X’ with reference to the relevant provisions of the Companies Act, 2013, assuming that the Articles of association of the Company do not restrict the voting right of such members.

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The detailed answer for the above question is provided below Section 106 of the Companies Act 2013 A... View the full answer