The Secretarial Standard-II prescribes the aspects related to the presence of directors, auditors and chairman in the Annual General Meetings (the AGMs). As a Company Secretary offer your views to the following questions
CS Executive · Company Law · PYQS · December 2022
The Secretarial Standard-II prescribes the aspects related to the presence of directors, auditors and chairman in the Annual General Meetings (the AGMs). As a Company Secretary offer your views to the following questions: (4) If the Chairman was interested in any matter for discussion in the meeting, what shall be done at that stage?
Answer & Explanation:
If the Chairman is interested in any item of business, without prejudice to his Voting Rights on Resolutions, he shall entrust the conduct of the proceedings in respect of such item to any Non-Interested Director or to a Member, with the consent of the Members present, and resume the Chair after that item of business has been transacted.
Topics: Secretarial Standards
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