help in law 2

only one proxy can be appointed 

agreed with aakash, proxy is generally allowed if the member is unable to attend the meeting due to any reasons, so as far as my knowledge is concerned, only one proxy can be appointed by  a member.

Thank u. 

what if a person appoints 2 proxies??who will be allowed to vote?? in case proxies allotted on different dates and if proxies alloted on same date?plz clearify with some example..

Sec 176 (2) In every notice calling a meeting of a company which has a share capital, or the articles of which provide for voting by proxy at the meeting, there shall appear with reasonable prominence a statement that a member entitled to attend and vote is entitled to appoint a proxy, or, where that is allowed, one or more proxies

However this sectio does not apply to company not having share capital

From this above section it is clear that a person can appoint more than one proxy

For this purpose number of votes assigned in favour of each proxy must be stated clearly or it may divided on the basis of resolutions.

proxies become invalid if the member is revokes the proxies after being preset in the meeting.(Cousins Vs. International Bricks Co Ltd)

Mere presence of member will not have effect of revocation of proxy(Naraya Chettiar Vs. Kalleshwar Mills Ltd)  

what about private companies sir?do their articles expressly need to permit them for appointment of more than 1 proxy?

hey first of all tell me from which book you are studying??

from munish bhandari's 

hey sneha only one proxy will be appointed by a public company whether it is expressly mentioned or not ..even though member appointed two proxies only one who is authorised can have a right to vote

Hi Sneha

I recommend u to go through annual report of any company. It is clearly mentioned in "notice of AGM to shareholders" in Notes part.

A MEMBER ENTITLED TO ATTEND AND VOTE AT THE

ANNUAL GENERAL MEETING IS ENTITLED TO APPOINT A

PROXY TO ATTEND AND VOTE IN THE MEETING AND THE

PROXY NEED NOT BE A MEMBER OF THE COMPANY.

Only one proxy can be appointed.

Plz do not get confuse. Proxy is appointed to vote in GM on behalf of a member. On this basis we may conclude that only one person can be a proxy for a member.

However through proxy instrument Mr. A can appoint Mr. B and failing him Mr. C as his proxy. In this case Mr. B has the first right to vote on behalf of Mr. A.  If Mr. B failed to attend meeting them Mr. C can vote on behalf of Mr. A.

Hope it clarifies your doubt.

Normally proxy appointed later is eligible to vote on behalf of a member. To understand in a better way with the help of charts plz find attach my law handout and check proxy chapter on page 7.

Regards