Section Provisions
THE BANK OF PUNJAB ACT, 1989 THE BANK OF PUNJAB ACT, 1989 17. Votes of shareholders. I[(1) Every shareholder shall be entitled to attend any meeting and each shareholder who has been registered as such for a period of not less than three months prior to the date of such meeting shall when present in person and on a show of hands, have one vote and on a poll each shareholder so registered shall have one vote for each share held by such shareholder: [Subs. by The Bunk of Punjab (Amendment) Act, 8 of 1991, S.5.] Provided that no shareholder shall be entitled to vote at any meeting unless all calls or other sums presently payable by him in respect of shares of the Bank have been paid.. (2) On a poll votes may be. given either personally or b-,proxy, but the Government as a shareholder may appoint any person to be present at any general meeting and to vote on its behalf.