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Poll
Practical Law UK Glossary 6-107-7019 (Approx. 3 pages)
Glossary
Poll
A procedure used at a general meeting of a company under which every ordinary shareholder present in person or by proxy has one vote for every ordinary share held. This procedure is commonly used where it is not possible to obtain a clear result by voting on a show of hands. It is common for the articles of association to specify who has the right to demand a poll. The Companies Act 2006 (CA 2006) provides that any provision in a company's articles of association is void if it were to restrict the right to demand a poll to:
- More than five members present in person or by proxy and entitled to vote; or
- Any member or members present in person or by proxy representing more than ten per cent of the total voting rights or more than ten per cent of the total sum paid up on all shares giving rights to attend and vote (sections 321 and 329, CA 2006).