alleryStart learning →Replacing an RP under section 27(2) needs what vote of voting shares?
ASimple majority
BFifty-one per cent
CSixty-six per cent
DNinety per cent
Answer & Solution
Correct answer: C. Sixty-six per cent
Section 27(2), as substituted in 2018, requires a vote of sixty-six per cent of voting shares plus the proposed RP's written consent.
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