Casting vote of chairman

Anuraag Radhakrishna (Querist) 01 October 2014 This query is : Resolved
The Articles of association of the company allow the Chairman to have a casting vote in case of a deadlock. At the beginning of a general meeting the chairman is appointed by show of hands pursuant to Section 104 of the Companies Act 2013. When a poll on the same is called it leads to a deadlock due to which the Chairman uses his casting vote to appoint himself Chairman for the rest of the meeting. Would he be allowed to do so??

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Hemant Agarwal (Expert) 01 October 2014
On face value, looks like "vested interest", BUT technically tenable.

Keep Smiling .... Hemant Agarwal
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