Vote at agm by director on resolution of his appointment


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2015 Mr. X is to be appointed as Managing director in forthcoming AGM and holds 30% of shares. and Mrs. Y is additional director, wife of Mr. X, holds 5% of shares and will be regularise in forthcoming AGM.

Can Mr X/ Mrs. Y vote on appointment of himself/ her self?

Can both vote on appointment of each other?

plz help. Its urgent.

Ankur Garg (Expert)
02 July 2015 Yes.

Required resolutions can be passed at validly convened AGM of the Company as both X and Y are shareholders of the Company.

Thanks

Ankur Garg (Expert)
02 July 2015 One more thing---kindly check your article once for any restriction in this regard. if there is no restriction resolutions can be passed in the AGM.


Thanks


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