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9. The quorum for the meeting of the Equity Shareholders shall be 3 (three) Members present in person or by proxy, of the Secured Creditors shall be 2 (two) Authorized Representatives present in person or by proxy and of the Unsecured Creditors for Trade and Expenses shall be 5 (five) Authorized Representatives present in person or by proxy.

10. Voting by proxy is permitted provided that the proxy in the prescribed form and duly signed by the person entitled to attend and vote at the aforesaid meetings, or by his Authorized Representative, is filed with the applicant Company at its Registered Office at Ahmedabad, not later than 48 hors before the said meetings.