APR Constructions Limited - Saffron Capital

Provided that the right to conversion of loan or debentures in shares shall not be given withoutthe sanction of the
company in General Meeting by a Special Resolution.
(b) The Directors shall cause a proper register to be kept in accordance with the provisions of the Act or changes
specifically affecting the property of the Company and shall duly comply with the requirements of the Act with
regard to the registration of mortgages and charges. The register of charges kept in pursuance of the Act shall be
open during business hours, subject to reasonable restrictions as the Company in General Meeting may impose so
that not less than two hours in each day are allowed for such inspection to any creditor or member of the Company
without fee and to any other person on payment of Re 1/- for each inspection at the Registered Office of the
Company.
(c) Subject to the provisions of the Act and Companies (Acceptance of Deposit) Rules, 1975 the Directors may
receive deposits on such terms and bearing interest at such rate as the Board of Directors may decide from time to
time. The deposits may be received from any person or person including the Directors and the Shareholders of the
Company.
70. VOTES OF MEMBERS
a) Voting rights shall be exercised in accordance with the provisions of section 2, 87, 88, 92,17,178,
179,180,182,183, 184 and 185 of the Act or any statutory modifications thereof and Regulations hereunder read
with Section 181 of the Act.
b) Every member entitled to vote at a meeting of the company or on any resolution to be moved there at shall be
entitled during the period beginning twenty four hours before the time fixed for the commencement of the meeting
and the ending with the conclusion of the meeting to inspect the proxies lodged at any time during the business
hours of the Company. Provided not less than three days notice in writing of the intention so to inspect is given to
the Company.
No member shall be entitled to vote either personally or by proxy at any general meeting or meeting of class of
shareholders either upon a show of hands or upon a poll in respect of any shares registered in his name on which
any calls or other sums presently payable by him have not been paid or in regard to which the company has, and
has exercised, any right of lien.
71. NUMBER OF VOTES TO WHICH MEMBER ENTITLED
Subject to the provisions of these articles and without prejudice to any special privileges, or restrictions as to voting
for the time being attached to any class of shares for the time being forming part of the capital of the company, every
member, not disqualified by the last preceding article shall be entitled to be present, and to speak and vote at such
meeting, and on a show of hands every member present in person shall have one vote and upon a poll the voting right
of every member present in person or by proxy shall be in proportion of his share of the paid up equity share capital
of the company, provided however, that if any preference shareholder be present at any meeting of any of this
company, save as provided in clause (b) meeting which directly affects the rights attached to the preference shares.
120. DIVIDENDS
The profits of the company subject to any special right relation thereto created or authorized to be created by these
articles and subject to the provisions of these articles shall be divisible among the members in proportion to the
amount of capital paid or credited paid-up on the shares held by them respectively. No amount paid or credited as
paid on a Share in advance of calls shall be treated for the purpose of this Article as paid on the Shares.
The company is general meeting may declare dividends to be paid to members according to their respective rights but
no dividends shall exceed the amount recommended by the board, but the company in General Meeting may declare a
smaller dividend than that recommended by the Board.
No dividend shall be declared or paid otherwise than out of profits of the financial year arrived at after providing for
depreciation in accordance with the provisions of section 205 of the Act or out of the profits of the company for any
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