Kavin (Emplyment) (149 Points)
25 June 2010Can a director appoint a proxy to attend the Board Meeting ??
Is there any section that prohibits the Directors to appoint a Proxy ??
If the directors are allowed to appoint proxy, then can the proxy be counted for quorum of the Board Meeting ??
Thanks in Advance !!
Kavin
(Emplyment)
(149 Points)
Replied 25 June 2010
Thanks a lot,
Is there any specific section that talks bout this
Ratti Wahal
(Company Secretary)
(139 Points)
Replied 25 June 2010
My Dear Kavin,
There is no provision in the Companies Act, 1956 which allows directors to appoint proxy to attend teh Board Meeting.
Directors are the senior most person of the Company (in terms of position). The Material and the substantial decisions are taken by them only.
Although a concept of Alternate Director exists in the Companies Act, 1956.
Regards,
CAclubindia
