Rules for Discussinn :i!td Order in Debate. There are sonne goner-' roles for govermng the conduct or debate at a meetig..Based on cnstorr. andconi-ennon these rides are intended to ensure order v conduct of meetings, and are applicable to all types or meetings inchding coir., am meetings The chairman should see that subject to the Act and the Ar cles. these rules are enforced so that discussion or debate in a meeting me'neld in an orderly maturer Some of these rules are briefly discussed below:
• I. The business of a meeLh lg shouid be taken up in the sense ord er ..
: set out in the agenda, u ltless tile order of business is changed by the chairman w ih the consort ofthe meeting.
2, During discussm D, all remarks c! old; i be addlessed to Lhe ch.:u Only one pe lson'should speak at: a time arid the chainnan ecide the order of the speakers
3 Wheu the chairman rises to speak, any person spea at t: . time should take his seat. HuNreyer, he can again resume his
4. Members can speak only on Zotion formally moved before :. meeting. No discus -on should be allowed unless there is a arcs e:or anrendmetl.e meeting.
COMPANY MEETINGS 267
4. Appointrr.ent cf a-..cior. and hN ng Bed. remuneration. [Sec. 224]
5. Adoption of Statutor. Report
6 To increase or reducr number of i
7. Reuovalofadirectorbe ore ills exTirN of i is term anal . ppoin'ment v. mother director in place of the one remoNed [Sec. 284]
8. Alteration of share capital by way of increase. sub-division, consolidation, etc. LSec 94]
9. Sale of the company?s underta or business. [Sec. 29,]
10. Investment of sale proceeds of the company's undertahng in securities other. titan trust securities. [Sec. 293]
11. Issue of shares at a discount [Sec. 791
12. Issue of bonus shares, as per Artides.
13. Borrowing moneys in excess of the paid-up capital and .*. e reserve ofthecompally [Sec 293]
14. Any other business as per Articles.
Special Resolution. A special resohtion is one which is required ior transacting special business and is required to be passed by a three-foZu ths majontY Sec. 189 of the Companies Act provides that a resolution shall be a specjialresolution when: (i) the intention to propose the resolution as a special resolution has been duiv mentioned m the notice convening a general meeting of shareholders, and (ii) the votes cast in far our of the resolution, N heZher on a show of hands or poll, by members entitled to vote and present in person or 'oy proxy are three times the votes cast against it.