105.     Vote of Joint Holders

In case of joint-holders, the vote of the senior who tenders vote whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint-holders.  For this purpose seniority shall be determined by the order in which the name stand in the Register of Members.

If there be joint registered holders of any shares, any one of such persons may vote at any meeting or may appoint another person (whether a member or not) as his proxy in respect of such shares, as if he were solely entitled thereto and the proxy so appointed shall have the right to speak at the meeting; and

If more than one of such joint-holders be present at any meeting, then one of the said persons so present, whose name stands first on the Register of members, shall alone be entitled to speak and to vote in respect of such shares, but the other or others of the joint-holders shall be entitled to be present at the meeting.  Several executors or administrators of a deceased member in whose name shares stand, shall, for the purpose of these Articles, be deemed as joint-holders thereof.

106.     Appointment of proxy

A member entitled to attend and vote at a meeting shall be entitled to appoint another person (whether a member or not) as his proxy to attend and vote instead of himself, but a proxy so appointed shall not have any right to speak at the meeting or to vote except on poll.

Every proxy (whether a member or not) shall be appointed in writing under the hand of the appointer or his attorney, or if such appointer is a Corporation, under the common Seal of such corporation or the hand of its attorney, who may be the appointee, and any committee or guardian may appoint such proxy.  The proxy shall not have the right to speak at the meeting.

107.     Instrument of Proxy

The instrument appointing a proxy shall be in writing and be signed by the appointer or his attorney duly authorized in writing, or in the case of a lunatic, idiot, or minor, by the curator, committee or guardian, if any, or if such appointer is a body corporate,

Be under its Common Seal, or
Be signed by an officer or an attorney duly authorized in this behalf; or
Be signed by the person, if any, authorized pursuant to Section 187 of the
Act, to act as its representative.

108.     Form of proxy

Every instrument of proxy, whether for a specified meeting or otherwise, shall be, as near as circumstances will admit, in any of the forms set out in Schedule IX of the Act and shall contain proper identification of the non member proxy-holder by verification of his specimen signature on the proxy by the member concerned.

 

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