Question

Write short answers for the following:
What are the rules regarding appointment of proxy ?

Answer 1

1. The member of company having share capital,has a statutory right to appoint proxy.
2. Proxy need not be the member of the company.
3. The duly proxy form must filled must be deposited in the registered office of the company 48 hours prior the meeting.
4. A member of a private company cannot appoint more than one proxy.
5. A member of a public company can appoint muliple proxy if articles allow.
6. Proxy cannot be appoint for board meeting .