COMPANIES ACT - 1963 (ACT 179)

    Section - 165 - Representation of Corporations At Meetings

    (1) A body corporate, whether a company within the meaning of this Code or not, may, by resolution of its directors or other governing body, authorise such person as it thinks fit to act as its representative,

    (a) if it is a member of a company, at any meeting of the company;

    (b) if it is a creditor, including a debentureholder, of a company, at any meeting of any creditors of the company held in pursuance of this Code or of the Bodies Corporate (Official Liquidations) Act, 1963 (Act 180), or of any rules made thereunder, or in pursuance of the provisions contained in any debenture or trust deed, as the case may be.

    (2) A person authorised as aforesaid, upon production of a copy of the resolution by which he was authorised, shall be entitled to exercise the same powers on behalf of the body corporate which he represents as that body corporate could exercise if it were an individual shareholder, creditor, or holder of debentures of that other company.

    (3) This section shall not be deemed to preclude any body corporate from appointing a proxy to attend and vote on its behalf.