06 August 2010
X pvt. ltd. is a company in which 99% shareholding is being held by a foreign company and 1% being held by its nominee in India, the question is at the time of an EGM/AGM whether the peresence of both the members is required.
06 August 2010
u/s 187(2) a person authorised to represent the body corporate is entitled to exrecise rights and powers including the right to vote by proxy. Further, also explain the position of a public co. for the same