Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
cumulative voting
A system for electing corporate directors whereby a shareholder may multiply his or her number of shares by the number of open directorships and cast the total for a single candidate or a select few candidates. ( Cumulative voting enhances the ability of minority shareholders to elect at least one director.
noncumulative voting
A corporate voting system in which a shareholder is limited in board elections to voting no more than the number of shares he or she owns for a single candidate. ( The result is that a majority shareholder will elect the entire board of directors. - Also termed straight voting