There is private limited company with two members. in agm can one member be present and other can be present through video conferencing??? if not then can member execute power of attorney tin favour of some other person instead of proxy as proxy is not counted as quorum. Please help us out.
Menu
Annual general meeting
Replies (2)
It is not possible. Atleast two members has to be present in person. you do not have any other option.
As per Sec.103, two members "personally present" form quorum for the general meeting of a privte company. A member has got a right to appoint a power of attorney to attend and vote at a general meeting. However, the question is whether such power of attorney holder will be treated as a member "personally present"?
Recent Topic
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
- Presumptive taxation
- Claiming Pre Possession Home Loan Interest
- Tax on Pension from EPFO
- Indexation of Sale of Property under New Regime
Related Topics
CAclubindia
