ORDINANCE No. 1 OF 1865.
Companies, &c. (Second Schedule.)
(14.) The chairman (if any) of the directors shall preside as chairman at every general meeting of the company.
(15.) If there is no such chairman, or if at any meeting he is not present at the time of holding the same, the members present shall choose some one of their number to be chairman of such meeting.
(16.) The chairman may, with the consent of the meeting adjourn any meeting from time to time and from place to place, but no business shall be transacted at any adjourned meeting other than the business left unfinished at the meeting from which the adjournment took place.
(17.) At any general meeting, unless a poll is demanded by at least five members, a declaration by the chairman that a resolution has been carried, and an entry to that effect in the book of proceedings of the company, shall be sufficient evidence of the fact, without proof of the number or proportion of the votes recorded in favour of or against such resolution.
(18.) If a poll is demanded in manner aforesaid, the same shall be taken in such manner as the chairman directs, and the result of such poll shall be deemed to be the resolution of the company in general meeting.
Votes of Members.
(19.) Every member shall have one vote and no more.
(20.) If any member is a lunatic or idiot he may vote by his committee, or other legal representative.
(21.) No member shall be entitled to vote at any meeting unless all monies due from him to the company have been paid.
(22.) Votes may be given either personally or by proxies: a proxy shall be appointed in writing under the hand of the appointor, or if such appointor is a corporation, under its common seal.
(23.) No person shall be appointed a proxy, who is not a member, and the instrument appointing him shall be deposited at the registered office of the company not less than forty-eight hours before the time of holding the meeting at which he proposes to vote.
(24.) Any instrument appointing a proxy shall be in the following form :-
Company Limited.
I
the
of
in
Company Limited, hereby appoint
being a member of
of
as my proxy, to vote for me and on my behalf at the [ordinary or extraordinary, as the case may be] general meeting of the company to be held on the
day of
and at any adjournment
FAL