[Notification Date: 26.03.2014; Effective from: 01.04.2014]
Section 115- Resolutions requiring special notice. [Corresponds to Section 190 of the Companies Act, 1956]; [Relevant Rule: 23 of The Companies (Management and Administration) Rules, 2014]
Where, by any provision contained in this Act or in the articles of a company, special notice is required of any resolution, notice of the intention to move such resolution shall be given to the company by such number of members holding not less than one per cent. of total voting power or holding shares on which such aggregate sum not exceeding five lakh rupees, as may be prescribed - [Rule 23(1)], has been paid-up and the company shall give its members notice of the resolution in such manner as may be prescribed - [Rule 23].