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Voting by proxy be permitted, provided that a proxy in the prescribed form only signed by the person(s) entitled to attend and to vote at the said meetings, is filed with the respective Applicant Companies at their respective registered office not later than forty-eight hours before the said meetings. The Chairmen / Chairpersons shall have the power to adjourn the meetings, if necessary.

The value of each member shall be in accordance with the books of the company and where entries in the books are disputed, the Chairperson shall determine such value for the purposes of the meetings.