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Vote at agm by director on resolution of his appointment

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Querist : Anonymous

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

Ankur Garg (Expert)
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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

Ankur Garg (Expert)
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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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