Right of member to give consent under section 171(2) ‑ Whether public trustee can exercise that right - Companies Law - Letter : No. 8/31(187B)/66‑CL‑V,

Circular Letter : No. 8/31(187B)/66 ‑ CL ‑ V, dated 4 ‑ 7 ‑ 1965. Subject:- Right of member to give consent under section 171(2) ‑ Whether public trustee can exercise that right The Board has been advised that under section 187B the public trustee exercises the rights and powers exercisable at a meeting of a company by the trustee as a member of that company. The public trustee does not take the place of the trustee who is a member of the company except at a meeting. Since the right of a member to give consent under sub‑section (2) of section 171 is not a right exercisable at a meeting of the company, that right cannot be exercised by the public trustee.