appointment of proxy
This query is : Resolved
06 August 2008
CAN 10 SHAREHOLDERS OF THE SAME COMPANY APPOINT SINGLE PROXY FOR THE SAME MEETING TO ATTEND AND VOTE ON THEIR BEHALF. THE TOTAL NO OF SHAREHOLDERS OF THE COMPANY IS 25.
06 August 2008
If you mean that there is only one person attending the meeting on behalf of all, then there won't be a meeting. A meeting requires atleast two persons. Moreover quorum has also to be ensured.
06 August 2008
if out of 25 members 12 members are pesonally present at the EGM and 10 members want to appoint a single proxy. is it lawfully correct.
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