Question

__________ have the right to vote on any resolution placed before the company or general meeting.

• A. Preference shareholder
• B. Equity shareholders
• C. Debenture holder
• D. All of the above

Answer 1

The correct option is B Equity shareholders

Equity shares is the most important source of raising long term capital by a company. Equity shares represent the ownership of a company and thus the capital raised by issue of such shares is known as ownership capital or owner’s funds. Hence, being the owners of the company, equity shareholders have the right to vote on any resolution placed before the company or general meeting.