Proxy

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2012 * Can a same person be appointed as proxy for more than one member?

* Can a proxy be counted in quorum?

Thanks

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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15 September 2012 * Yes, since not prohibited by section 176.
* No ,since members personal presence is required by section 174.

CS Pawan Kumar Baid

CS Pawan Kumar Baid (Expert)
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15 September 2012 Agree with Mr Warrier

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CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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15 September 2012 Yes, the same person may be appoint as proxy for more than one member.

Unless the articles of the Company provide for a larger number, Five members PERSONALLY PRESENT in the case of public company and two members PERSONALLY PRESENT in case of any other company shall be the quorum for a meeting of the Company.

Proxy shall be counted for vote purpose only and not for the quorum purpose.

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2012 thanks to you all