(1) While casting votes to appoint Director, each shareholder shall have the right to cast vote in the number which comes after multiplying the number of Directors to be appointed by the number of shares the shareholder has owned and the shareholder so voting may cast all the votes to a single candidate or more than one candidates in the manner he/she prescribes.
(2) Notwithstanding anything contained in Sub -Section (1), in case the Government of Nepal and corporate bodies nominate Directors pursuant to Section 25, shall not be entitled to cast vote in the election to be held as per this Section.