Proxy
Querist : Anonymous
A, B and C are shareholders of the company XYZ Private Limited. A holds 80% of shares of the company, B holds 0.3% shares of the company and C holds 0.5% shares of the company.
XYZ Private Limited holds Annual General Meeting in year 2016.
Query:
1. Can “A “ be appointed as Proxy on behalf of B and C in annual general meeting of XYZ Private Limited,
2. If yes, then Shareholding of A will also be counted for appointing proxy on behalf of A and C or only hat of B and C will be counted. (A person can act as proxy on behalf of members not holding in aggregate not more than 10% of share capital in relation to section 105 read with Management and Administration Rules 2014).
Expert : Anonymous
Expert : Anonymous
Expert : Anonymous
Querist : Anonymous
or
10% of its authorised capital
Querist : Anonymous
or
10% of its authorised capital
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