Representation letter u/s 187
This query is : Resolved
03 August 2012
Dear Members,
ABC Pvt. Ltd. is 100 % subsidiary of XYZ Pvt. Ltd through their nominee Mr. A and Mr. B as 50% each.
Can XYZ Pvt. Ltd. appoint Mr. B (nominee member) u/s 187 C to represent in AGM of ABC Pvt. Ltd ?
If yes, then 2 members of AGM will be
Mr. A as nominee of XYZ Pvt. Ltd. and
Mr. B as representative of XYZ Pvt. Ltd.
Pls suggest, is this correct ....
ABC Pvt. Ltd. is 100 % subsidiary of XYZ Pvt. Ltd through their nominee Mr. A and Mr. B as 50% each.
Can XYZ Pvt. Ltd. appoint Mr. B (nominee member) u/s 187 C to represent in AGM of ABC Pvt. Ltd ?
If yes, then 2 members of AGM will be
Mr. A as nominee of XYZ Pvt. Ltd. and
Mr. B as representative of XYZ Pvt. Ltd.
Pls suggest, is this correct ....
Guest
Guest
(Expert)
03 August 2012
Yes, there is no problem in this case. It can be done.
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