Regarding Formtion of Quorum
Prit Shah (17 Points)
11 August 2018
Can Proxies can be counted for the formation of Quorum as per section 103 of Companies Act, 2013
2 Replies
Jatin Bajaj
(CS)
(2930 Points)
Replied 11 August 2018
As per the provisions of the Companies Act 2013, proxies appointed by the individuals on their behalf are not counted for purpose of Quroum. But authorized representative authorized on behalf of body corporate are counted for the purpose Qurom. 2 or more authorized person appointed on behalf of body corporate may be treated as Single member. Tough 2 same person can be appinted for 2 body corporates
Sudhir Todkar
(CS Professional)
(1021 Points)
Replied 11 August 2018
Proxies are not counted for quotum..
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