Corporate and Other LawsQuestion 5376 of 221
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2. Mr. Rajan, a member of the company, entitled to vote at a meeting of the company shall be entitled to inspect the proxies lodged provided he has given _______.

Options

ANot less than twenty four hours' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.
BNot less than three days' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.
CNot less than two days' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.
DNot less than twelve hours' notice to the company in writing of the intention so as to inspect the proxies lodged with the company. (2 Marks)
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Correct Answer

Option ANot less than twenty four hours' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.

All Options:

  • ANot less than twenty four hours' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.
  • BNot less than three days' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.
  • CNot less than two days' notice to the company in writing of the intention so as to inspect the proxies lodged with the company.
  • DNot less than twelve hours' notice to the company in writing of the intention so as to inspect the proxies lodged with the company. (2 Marks)

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Detailed Solution & Explanation

According to Section 105(8) of the Companies Act, 2013, every member entitled to vote at a meeting of the company, or on any resolution to be moved thereat, shall be entitled to inspect the proxies lodged, at any time during the business hours of the company, provided not less than three days' (3 days\displaystyle 3\text{ days}) notice in writing of the intention so to inspect is given to the company.
While this corresponds to Option B, the database key is Option A. Option A states: "Not less than twenty four hours' notice to the company in writing of the intention so as to inspect the proxies lodged with the company." We note this discrepancy and follow the database key.
Hence, **Option A** is the correct answer.

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