Notice for annual general meeting

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Kavitha (Querist)
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15 February 2012 Dear All,

If an Indian private company has a foreign body corporate as a shareholder and the Body Corporate has appointed a representative under section 187(2)of the Companies Act, 1956, is it enough for the private company to send the notice of the General Meeting (clear 21 days) just to the representative instead of the Body Corporate? If the Representative accepts the notice whether it is a sufficient proof that the notice has been served properly?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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16 February 2012 No.

As per Section 172(2)of the Companies Act, 1956, notice of every meeting of the company must be sent to;-

(a) Every member of the Company;
(b) Every person entitled to any share in the company in consequence of death or insolvency of a member;
(c) Auditors of the Company.