authorised representative of a foreign national

manoj kumar (cs) (130 Points)

16 April 2011  

 

Dear Friends.

One of our client company is a wholly owned subsidiary of korean company, having two shareholders (korean company and a foreign national holding one equity share as nominee of korean company) wants to hold annual general meeting but the foreign national nominee can not come to delhi for the agm. so pls let me know in wat manner the agm can be held.

korean company can appoint an indian as its authorised representative as per section 187 of the CA, 1956 but is it possible for the other share holder to appoint an indian as his authorised representative?

manoj kumar
company secretary
88009 11319