S. Ashok And Ors. vs The Tamilnadu Mercantile Bank Ltd. And ... on 16 November, 2004
Group under power of attorneys are not entitled to exercise their vote under proxies, even based on the power of attorneys executed by the original ... there is no illegality in permitting the proxies of the powers of attorney holders to exercise voting in respect of the impugned shares.
2.9. Considering