72 an instrument appointing a proxy shall be in the

Info icon This preview shows pages 11–13. Sign up to view the full content.

View Full Document Right Arrow Icon
the poll, and in default the instrument of proxy shall not be treated as valid. 72. An instrument appointing a proxy shall be in the following form or a form as near thereto as circumstances admit- " Limited I/We , of , being a member/members of the above-named company , hereby appoint of , or failing him, of , as my/our proxy to vote for me/us on my/our behalf at the [annual or extraordinary, as the case may be] general meeting of the company to be held on the day of 19 , and at any adjournment thereof. Signed this day of 19 .". 73. Where it is desired to afford members an opportunity of voting for or against a resolution the
Image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
instrument appointing a proxy shall be in the following form or a form as near thereto as circumstances admit- " Limited I/We, , of , being a member/members of the above-named company , hereby appoint of , or failing him, of , as my/our proxy to vote for me/us on my/our behalf at the [annual or extraordinary, as the case may be] general meeting of the company , to be held on the day of 19 , and at any adjournment thereof. Signed this day of 19 . This form is to be used *in favour of the resolution. against Unless otherwise instructed, the proxy will vote as he thinks fit. *Strike out whichever is not desired.". 74. The instrument appointing a proxy shall be deemed to confer authority to demand or join in demanding a poll. 75. A vote given in accordance with the terms of an instrument of proxy shall be valid notwithstanding the previous death or insanity of the principal or revocation of the proxy or of the authority under which the proxy was executed, or the transfer of the share in respect of which the proxy is given, provided that no intimation in writing of such death, insanity, revocation or transfer as aforesaid shall have been received by the company at the office before the commencement of the meeting or adjourned meeting at which the proxy is used. Corporations acting by Representatives at Meetings 76. Any corporation which is a member of the company may by resolution of its directors or other governing body authorize such person as it thinks fit to act as its representative at any meeting of the company or of any class of members of the company , and the person so authorized shall be entitled to exercise the same powers on behalf of the corporation which he represents as that corporation could exercise if it were an individual member of the company . Directors 77. The number of the directors and the names of the first directors shall be determined in writing by the founder members or a majority of them. (Amended 30 of 2004 s. 2) 78. The remuneration of the directors shall from time to time be determined by the company in general meeting. Such remuneration shall be deemed to accrue from day to day. The directors may also be paid all travelling, hotel and other expenses properly incurred by them in attending and returning from meetings of the directors or any committee of the directors or general meetings of the company or in connexion with the business of the company .
Image of page 12
Image of page 13
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern