Question 1

What is the statutory deadline for depositing Form MGT-11 proxy forms?

Accepted Answer

Under Section 105(4) of the Companies Act, 2013, any instrument appointing a proxy must be deposited with the company not less than 48 hours before the commencement of the meeting. Any provision in a company's articles requiring a longer period than 48 hours is invalid.

Question 2

Can a proxy vote on a show of hands at a general meeting?

Accepted Answer

Under Section 105(1) of the Companies Act, 2013, a proxy is not entitled to speak at a meeting and is not entitled to vote except on a poll. In electronic general meetings, proxy entitlements are configured for electronic poll voting only.

Question 3

How many members can a single proxy represent under Indian corporate law?

Accepted Answer

Under Rule 19(2) of the Companies (Management and Administration) Rules, 2014, a person can act as proxy on behalf of members not exceeding fifty (50) and holding in the aggregate not more than ten percent (10%) of the total share capital of the company carrying voting rights.

Question 4

What happens if both the shareholder and their appointed proxy attempt to vote?

Accepted Answer

If a member attends and votes in person (or via authenticated electronic portal), the proxy's authority is automatically revoked. The platform enforces strict single-ballot rules, preventing double voting on any resolution.

Corporate Proxy Voting Software

Statutory Proxy Management Engine

48-Hour Deposit Cut-Off

Rule 19 Capacity Caps

Dual-Voting Prevention

Corporate Proxy Voting FAQs

Statutory Attribution & Review Metadata

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