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7
The voting by proxy be permitted provided that a proxy in the prescribed
form duly signed by the person(s) entitled to attend and vote at the meetings are
filed with the applicants at their respective Registered Office not later than 48
hours before the meetings. Any one of the Chairperson shall have the power to
adjourn the meeting, if necessary.
The value of each member shall be in accordance with the books of the
respective applicant companies and where entries in the books are disputed, the
Chairperson shall determine the value for the purpose of the meeting.