Representation U/S187

hi

read section  187(1)(a)

carefully it will clear ur doubt.

Hi Gargi,

As per section 187(1)(a) by the resolution of board of directors any person may be appointed as representative to attend the meeting of other company of which first company is a member.

Yes, one person may be appointed as representative by both the Japnese companies by passing board resolution in the BM itself.

Also note certain disqualifications which are applicable to a normal proxy like not allowed to speak and not allowed to vote except poleare not applicable to such representative appointed u/s 187. In other words such representative will be treated as a normal member in the meeting having all the rights of a member like allowed to speak and voting by show of hands etc. (Read the first 2 lines of Section 187(2)

Also find enclosed herewith sample board resolution u/s 187.

Hope you got the ans of your query.

Best regards--Ankur Garg      ankur_gargcs @ rediffmail.com