Can a public limited company prohibit a proxy to speak in agm

SSng Aulakh (Querist) 07 August 2012 This query is : Resolved
Can a Company prohibit a shareholders appointed Proxy from Speaking in an AGM ?

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ajay sethi (Expert) 07 August 2012
company reply is justified . the company has clarified that no costs have been borne by company . it relates to differnt company altogether and the matter is sub judice .
the company has by email answered your query

SSng Aulakh (Querist) 07 August 2012
My question is is it justified for a company to prohibit a Proxy of a share holder from speaking at AGM ? Can an Indian Public limited company do this as per Indian Company law in India ?

ajay sethi (Expert) 07 August 2012
Section 176 of the Companies Act, 1956 deals with the provisions related to proxy. According to section 176 any member of company, entitled to attend and vote at a meeting of the company, shall be entitled to appoint any person (whether a member or not) as his/her proxy to attend and vote instead of himself at a General Meeting (GM).

Proxy does not speak at the meeting.

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