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Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter VII MANAGEMENT AND ADMINISTRATION This

Clause 112 - Representation of President and Governors in meetings. - COMPANIES BILL, 2011

COMPANIES BILL, 2011
Chapter VII
MANAGEMENT AND ADMINISTRATION
  • Contents

Representation of President and Governors in meetings.

     112. (1) The President of India or the Governor of a State, if he is a member of a company, may appoint such person as he thinks fit to act as his representative at any meeting of the company or at any meeting of any class of members of the company.

     (2) A person appointed to act under sub-section (1) shall, for the purposes of this Act, be deemed to be a member of such a company and shall be entitled to exercise the same rights and powers, including the right to vote by proxy and postal ballot, as the President or, as the case may be, the Governor could exercise as a member of the company.

 
 
 
 

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