invalid. Of the remaining 569 valid votes representing 659 shareholders, 63 votes representing 108 shareholders were cast by proxy holders in favour of the scheme ... affirmative votes cast in favour of the scheme comes to 648 shareholders holding 84,753 shares. 11 shareholders representing 11 votes cast their votes
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
court was required to consider whether proxy voted which were cast at the statutory meeting convened for considering the scheme were valid. The difficulty ... voting on a resolution to adjourn consideration of the scheme and a point was raised that the power to vote by proxy on the scheme
that case the issue was alleged forgery with regard
to the proxy vote in connection with an election.
With the above observations, the impugned order
which
require a member to be physically present and voting. Therefore,
proxy voting and/or voting through video conferencing would not be
permissible
shall be by majority votes and the Chairman shall have a casting vote additionally in case of plurality of votes.
39.The above clauses relate ... against clause 30 of the original Trust Deed, which prohibits the proxy voting in the Trust Board. Further, as per clause 3 of the Supplementary
vote in the meeting was entitled to appoint a proxy to attend and
vote instead of himself and the proxy need not be a member ... authorized the Godrej Industries Ltd., to appoint Mr Rajiv
Bakshi as proxy to vote for the appellants at the EOGM to be held on 22nd
votes raised by the plaintiffs. The plaintiffs also apprehend that the counting of votes shall not be done correctly and even valid votes cast ... voting in favour of Gaurav Swarup. Thus, while a clean voting of about 49%, including 33% of plaintiff No. 1, has been rejected, proxies
present in person or by proxy and voting at the Meeting, voted against the Scheme.
(iii) Votes of 54 Equity Shareholders holding ... voting at the Meeting, voted in favour of the Scheme.
(ii) No Secured Creditor (including Debenture holder) of the Applicant Company voted against the Scheme
vote at the meeting is entitled to appoint a proxy to attend and vote instead of himself. The note further says that the instrument appointing ... have already seen that the rights of a shareholder to vote by proxy recognised under Section 176 of the Companies Act is guided by Article
