Querry regarding agm of a pvt. ltd. co.

Dear Friends,

I have a querry. Will appreciate your early responses.

1.) Is it somewhere written in Co.s Act or pertaining rules that it is compulsory for the Directors to attend the AGM in case of a Private Limited Company? Further, if so, how many Directors are required? 

2.) If there are only two members of a pvt. ltd. co. , can they appoint proxies as the members are Body Corporate acting through authorised represenattives?

Thanks and Regards

Replies (7)

Hi Chandan,

1.)There is no such provision in the Companies Act.

2.) Yes Chandan the same can be done, provided the articles also provide for the same

Thanks & Regards

Amit Mishra

Thanks a lot Amit

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WHAT IS THIS ADD STOP THIS

AGREE WITH AMIT

AGM not held within 18 months of incorporation.

Pl explain the procedure for getting condonation and compounding of penalty.

i want to add to the question. if there are only 2 members n both are appointing there proxies. n if proxy are not counted in quoram. then there d quoram is not made.....     so  cannot hold d meeting.. plz correct me if m wrong

thanks

tarun dua

Hi teejay,

Certainly yes, if the articles so mandate regarding the quorum then no quorum would be constituted

Thanks & Regards

Amit Mishra

BSamrish & Co.

New Delhi

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