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)

 

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)