Companies Act Section 112 — Representation of President and Governors in meetings

CHAPTER VII MANAGEMENT AND ADMINISTRATION

Commercial / Corporate

Summary

Sub-section (1) allows the President of India or the Governor of a State, if they are a member of a company, to choose any person they wish to act as their representative. This representative can attend any meeting of the company or any meeting of a particular class of members of the company.

Sub-section (2) states that a person appointed as a representative under sub-section (1) will be treated as a member of the company for the purposes of the Act. This representative has the same rights and powers as the President or Governor would have as a member, including the right to vote by proxy and by postal ballot.

Official Text

(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.

(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.