Section 105 of CA 2013 : Section 105: Proxies

CA 2013

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Explanation using Example

Let's say John is a shareholder in ABC Ltd., a company with share capital, and he's entitled to vote at the company's upcoming Annual General Meeting (AGM). However, due to an important family commitment, John is unable to attend the AGM in person. According to Section 105 of The Companies Act, 2013, John can appoint his friend, Mark, as a proxy to attend and vote on his behalf at the meeting.

John receives the notice for the AGM from ABC Ltd., and it includes a statement that he can appoint a proxy. This comp...

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