Proxy
This query is : Resolved
20 February 2014
XYZ Inc, a foreign company is a member in ABC Ltd. ABC Ltd says it cannot accept a proxy for XYZ.. Is it correct??
20 February 2014
proxy for what purpose is not mentioned?
21 February 2014
Proxy for the purpose of considering the Quorum...
21 February 2014
you must ask the reason of denial of proxy...
22 February 2014
But i want to know whether that proxy would be counted for quorum or not and not the reason for denial of proxy...
24 February 2014
If its public ltd co and listed then they cannot deny it.
in case of private co then their articles and memo shall decide it.
in case of private co then their articles and memo shall decide it.
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