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appointment of proxy for AGM

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(Querist)
06 January 2011 One the Indian company having two directors, but directors is not the share holders. Entire shares are held by a forign(Sigapur) company, is the company entitled to apponint Indian individals as the proxies to attend AGM in India
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
06 January 2011 In case of subsidiary of Foreign compnay , Indian may be appointed as proxy.
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udit sharma

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udit sharma (Expert)
08 January 2011 Yes very much agreed!
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