In a company with a share capital:
i) What is the members right to appoint a proxy
ii) What are the rights of the proxy so appointed?
ANSWER
At common law a shareholder is entitled to attend a general meeting of a company in person or proxy.
Under section 136 (1) of the Companies Act a member of a company entitled to attend and vote at a meeting of the company is entitled to appoint another person whether a member or not as his proxy to attend and vote instead of him.
The appointment is effected completion and submission to the company of the proxy form.
To attend the general meeting instead of the member.
To join other members and/or proxies to demand voting poll.
To vote poll.
To speak at the meeting in the case of a private company meeting.
