| Commentary

99 Termination of a proxy’s authority

| Commentary

99 Termination of a proxy’s authority

Where a proxy’s authority is terminated this can cause difficult problems in relation to the timing of the termination and the impact this has on any actions of the proxy. The Companies Act 2006 seeks to address these problems. For example, the termination of the proxy’s authority will not affect the question of whether he counts towards the quorum of a particular meeting unless the company (or another party if this is allowed or required by the company’s articles) receives notice that his authority to act as proxy is terminated (referred to in the

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial