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authorised representative for AGM

zankhana Trivedi (Company Secretary) (462 Points)

10 August 2010

Hi..

can anyone suggest me on below given query???

If the same person is authorised to attend AGM for two diffenrent body corporates then can we say that 2 members are present through their authorised representative??

Thanks & Regards

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8 Replies

CS Ankur Srivastava (Company Secretary & Compliance Officer) (17848 Points)
Replied 10 August 2010

Sorry, but Your query is not clear.

However, yes if the company is member of any other company then authorised representatinve is to attend the AGM and it is said that the member has atttend the meeting through Authorised Representative.

zankhana Trivedi (Company Secretary) (462 Points)
Replied 10 August 2010

yes u r right that authorised representative can attend AGM on behalf of Body corporate which is a member of another Company.

But my query is something different:

Suppose there is one Company say "A"

Company "B" & Company "C" r the members of Company "A".

Now Company "B" & Company "C" have authorised Mr. N to attend the AGM of Company "A" i.e. same person has been authorised to attend the AGM. So can we say that 2 members i.e Company "B" & "C" are present through their authorised representative Mr. N.

According to me we can say 2 members i.e Company "B" & "C" are present through their authorised representative Mr. N. even though authorised representative is same for the same.

However ur kind opnions r invited.

CS Snehal (Compliance Manager) (346 Points)
Replied 10 August 2010

Yes, he can be counted as two entities. It is just a simple logis say a person has shares in his name and is a representative of a company, then he shall be counted in the quorum and shall be shown as a corporate representative also.

CS Ankur Srivastava (Company Secretary & Compliance Officer) (17848 Points)
Replied 10 August 2010

Agree....

zankhana Trivedi (Company Secretary) (462 Points)
Replied 10 August 2010

Thanks to both for ur kind suggestions.

Regards

(Guest)

Originally posted by : CS Snehal
	Yes, he can be counted as two entities. It is just a simple logis say a person has shares in his name and is a representative of a company, then he shall be counted in the quorum and shall be shown as a corporate representative also.

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 11 August 2010

Ms. Joshi you can be appointed as a representative of any number of body corporates to attend the AGM on their behalf. If you are appointed by 10 body corporates then your presense is equal to 10 members personally present for quorum and voting purpose.

Trust this helps...