An extension of CIRP needs a committee vote of what share of voting shares (section 12(2))?
ASixty-six per cent
BFifty-one per cent
CSeventy-five per cent
DNinety per cent
Answer & Solution
Correct answer: A. Sixty-six per cent
Section 12(2), as amended in 2018, substituted sixty-six per cent for the earlier seventy-five per cent.
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