What is the meaning of "personally present" of agm?

oyayubihime (Querist) 13 September 2016 This query is : Resolved
My CA said "personally"mean "physically". So Video conference is not permitted.

Kindly advice me if you are CS expert, two members "physically" present is required for AGM of Pvt. Ltd according to follow rule?

[(-) in the case of a private company, two members personally present,shall be the quorum for a meeting of the company.]
by SS - 2 SECRETARIAL STANDARD ON GENERAL MEETINGS

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Raj Kumar Makkad (Expert) 13 September 2016
This forum is of lawyers whereas your query is addressed to company secretaries so better to post the query at proper place.

Guest (Expert) 13 September 2016
Your CA is correct.

Rajendra K Goyal (Expert) 14 September 2016
Academic query, state material facts of the problem if any.

DR.VEDULA GOPINATH (Expert) 14 September 2016

Your C.A. is absolutely correct.

cs Dr vedula gopinath

Dr J C Vashista (Expert) 15 September 2016
Consult your CA/CS, you have erroneously chosen legal experts platform.
However, I agree with the experts.

cherukuri prasad (Expert) 15 September 2016
Personally present means physically present

Hemant Agarwal (Expert) 15 September 2016
INTROSPECT ON THIS:
1. "Personally" present can also denote "present thru POA or AR person"

2. "Physically" present shall denote in-person.

3. In a Pvt. Ltd. Co., there is minimum requirement of TWO persons. Hence by legal default, attendance by two directors is legally sufficient enough for passing all BOD resolutions, subject to various parameters.

Keep Smiling .... Hemant Agarwal
VISIT: http://www.maharashtra-society-help-forum.com

Rajendra K Goyal (Expert) 24 September 2016
Agree with the advice from expert Hemant Agarwal for this academic query.

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