Section 107 shall apply to a private company unless otherwise specified in respective sections or the articles of the company provide otherwise- Notification F No 1/ 1/2014- CL.V dated 05.06.2015.
Section 107 shall apply to the Specified IFSC public company, unless otherwise specified in the articles of the company. -Notification G.S.R. 08(E) dated 04.01.2017
Section 107- Voting by show of hands. [Corresponds to Section 177, 178 of the Companies Act, 1956]; [Relevant Rule: 3 to 8 of The Companies (Management and Administration) Rules, 2014]
(1) At any general meeting, a resolution put to the vote of the meeting shall, unless a poll is demanded under section 109 or the voting is carried out electronically, be decided on a show of hands.
(2) A declaration by the Chairman of the meeting of the passing of a resolution or otherwise by show of hands under sub-section (1) and an entry to that effect in the books containing the minutes of the meeting of the company shall be conclusive evidence of the fact of passing of such resolution or otherwise.