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Proxy to two differen members

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Querist : Anonymous

Querist : Anonymous (Querist)

10 November 2009 In a Pvt Ltd. Company in an Extraordinay General Meeting a member has given two proxy forms to two different persons and submitted both proxy forms in the office before 48 hours. Now which proxy form will be valid.

Ankur Garg

Ankur Garg (Expert)
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10 November 2009 Please explain ur query a bit.

Normally Proxy form which is submitted later in time will be valid.

CS Vandana Kacholia

CS Vandana Kacholia (Expert)
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10 November 2009 well according to section 176 a member can appoint more than one proxy if only if that person holds more than one share. being a private company, check your aritcles whether it restrict this right by providing an appropriate provision in its articles that a member can appoint one proxy for one occasion i.e. one meeting.

others viewsa are also solicited.

Regards

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