Draft Board Resolution for Appointment of Corporate Representative to Attend General Meeting

Draft Board Resolution for Appointment of Corporate Representative to Attend General Meeting

June 26, 2016
     
Board-Resolution-Appointment-Corporate-Representative


As per the provisions of section 113(1)(a) of Companies Act, 2013 a body corporate, whether a company within the meaning of this Act or not, may, if it is a member of a company within the meaning of this Act, by resolution of its Board of Directors or other governing body, authorise such person as it thinks fit to act as its representative at any meeting of the company, or at any meeting of any class of members of the company;

As per Section 113(2), person authorised by resolution under sub-section (1) shall be entitled to exercise the same rights and powers, including the right to vote by proxy and by postal ballot, on behalf of the body corporate which he represents as that body could exercise if it were an individual member, creditor or holder of debentures of the company.


Draft Board Resolution for Appointment of Corporate Representative to Attend General Meeting


RESOLVED THAT pursuant to the provisions of Section 113 of the Companies Act, 2013, (including any statutory modifications or re-enactment thereof, for the time being in force), unless specific authorization given to any other person, Shri …………., Director of the Company and/or in his absence/unavailability, Shri …………,  be and is hereby authorised to attend and vote at any meeting of the members or any meeting of the class of members for an on behalf of the Company and exercise any rights and powers (including the right to vote by proxy) in the same manner as the Company could exercise as a member of the companies of which ABC Limited is a shareholder.

RESOLVED FURTHER THAT Shri …………., be and is hereby also authorised, on behalf of ABC Limited, to give consent for holding of General Meetings on shorter notice pursuant to Section 101 of the Companies Act, 2013, of the companies of which ABC Limited is a shareholder.

RESOLVED FURTHER THAT Shri ………….. be and is hereby authorized to do all such acts, deeds, matters and things as deem necessary, proper or desirable for the purpose of giving effect to the aforesaid resolution”.

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