Section 112: Representation of President and Governors in meetings
This section allows the President or Governors to appoint representatives to attend and vote at company meetings on their behalf.
The section, clause by clause
What the section says
In plain terms
(1)The President of India or the Governor of a State, if he is a member of a company, may appoint such person as he thinks fit to act as his representative at any meeting of the company or at any meeting of any class of members of the company.
The President of India or a State Governor who is a company member can appoint someone to represent them at company meetings or meetings of a specific class of members.
(2)A person appointed to act under sub-section (1) shall, for the purposes of this Act, be deemed to be a member of such a company and shall be entitled to exercise the same rights and powers, including the right to vote by proxy and postal ballot, as the President or, as the case may be, the Governor could exercise as a member of the company.
The appointed representative is considered a company member and has the same rights and powers as the President or Governor, including voting by proxy and postal ballot.
The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.
Amendment notes
- 1. The Proviso ins. by Act 1 of 2018, s. 29 (w.e.f. 9-2-2018).
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Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.