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COMPANIES CLAUSES ACT 1863 - SECT 31 

Holders of debenture stock not to vote, &c.

31. Debenture stock shall not entitle the holders thereof to be present or
vote at any meeting of the company, or confer any qualification, but shall, in
all respects not otherwise by or under this Act or the special Act provided
for, be considered as entitling the holders to the rights and powers of
mortgagees of the undertaking other than the right to require repayment of the
principal money paid up in respect of the debenture stock.

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© 1863 Crown Copyright

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