Voting in agm

This query is : Resolved

Ashish (Querist)
Follow

12 October 2012 If a company has only two shareholders - both corporates.
How do the voting will take place in AGM.

Please guide...

Ajay Mishra

Ajay Mishra (Expert)
Follow

13 October 2012 Hi

The meeting will be done by authorised representative of members (Company).Voting by show of hand proposed and seconded method.

Message likes : 1 times

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
Follow

13 October 2012 Agree with Dear Ajay ji,

The Authorised Representative of both the companies will attend and vote in the meeting.

Message likes : 1 times

Ashish

Ashish (Querist)
Follow

14 October 2012 Will they be then mentioned as proxy or representative in AGM. How they should be shown in AGM resolution.

Ajay Mishra

Ajay Mishra (Expert)
Follow

15 October 2012 They are not proxy, they are representative of members.
In AGM resolution you will shown Mr. X proposed and Mr. Y seconded to the said resolution.

In attendance Column you will mention

1. Mr. X (In Person)
2. Mr. Y (In Person)

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
Follow

17 October 2012 In my opinion the attendance should be shown as under:

M/s XYZ Ltd: Mr. A (Through Representative)
M/s ABC Ltd: Mr. B (Through Representative)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now