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Company meetings: if a chairman is appointed as a proxy for more than one member, how many votes does the chairman have?
- Practical Law Resource ID a-007-7959
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Company meetings: if a chairman is appointed as a proxy for more than one member, how many votes does the chairman have?
Anonymous (Private practice)
Q:
Under s899 Company Act 2006, a majority number representing 75% can agree an arrangement. Voting can be done by proxy. If we have 100 shareholders and 50 shareholders decide to vote by proxy through the Chairman, is the Chairman's vote counted as 50 votes, or as 1 vote? I am asking in case only 2 shareholders turn up for the meeting and one is against the arrangement. Is there any guidance for this?
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