CS Executive · Company Law and Practice · Members and Shareholders
A person authorised under a board resolution to represent a corporate member at a company's meeting is entitled, under the Companies Act, 2013, to exercise:
The authorised representative can exercise the same rights and powers as the body corporate could if it were an individual member, including voting by proxy and by postal ballot. The representative is therefore not restricted to speaking or to poll voting only.
- AOnly the right to speak, without voting
- BThe same rights and powers, including voting by proxy and postal ballot, as the body corporate could exercise if it were an individual memberCorrect
- COnly the right to vote on a poll
- DRights limited to those of a proxy who cannot demand a poll
Explanation
Section 113(2) states the authorised person may exercise the same rights and powers, including the right to vote by proxy and by postal ballot, as the body corporate could if it were an individual member. Limiting the representative to speaking or poll voting contradicts this.
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