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proxy

Aditya Dude (93 Points)

21 March 2018

can a preference share holder appoint their proxy in AGM?

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Vinayak Mishra (192 Points)
Replied 21 March 2018

If preference share holder have a right to vote in AGM such shareholder have a right to appoint proxy
But such proxy has no right in voting show by hand and also have no right to speak in AGM as per
SS -2

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Aditya Dude (93 Points)
Replied 21 March 2018

thanks

Jatin Bajaj (CS) (2930 Points)
Replied 21 March 2018

Yes prefereence shareholder who have right to vote at the meeting shall appoint proxy. But proxy shall not be the member of the Company and such proxy shall not be counted in the qurum of the meeting . Such proxy shall not have the right to vote at the meeting except on poll.

Only a individual person shall have the rigfht to appoint the proxy,

Company shall not appoint the proxy. such Company shall authorize its authorized representative to attend the meeting on his behalf.

Rest of the power entrusted to proxy shall be same as that of the orignal shareholders of the meeting.