- 5 Marks
Question
c) A member of a company entitled to attend and vote at a meeting of a company may appoint another person as a proxy to attend and vote on the member’s behalf, and the proxy shall have the same rights as the member.
Required: State FOUR (4) circumstances under which the appointment of a proxy is terminated. (5 marks)
Answer
The occurrence of any of the following constitutes a termination of the appointment of a proxy:
- The death of the appointer.
- The insanity of the appointer.
- The revocation of the proxy or the authority under which the proxy is appointed.
- The subsequent appointment of another proxy in respect of the same general meeting.
- The personal attendance of the member. (Any 4 points @ 1.25 marks each = 5 marks)
- Tags: Company Law, Meetings, Proxy, Termination of Appointment
- Level: Level 1
- Topic: Company Meetings and Resolutions
- Series: NOV 2023
- Uploader: Dotse