Corporate representation by board resolution enables a body corporate's authorised representative to exercise full member or creditor voting rights. A body corporate may, by resolution of its board or other governing body, authorise a person to represent it at company member meetings or at meetings of ... Summary
Corporate representation by board resolution enables a body corporate's authorised representative to exercise full member or creditor voting rights.
A body corporate may, by resolution of its board or other governing body, authorise a person to represent it at company member meetings or at meetings of the company's creditors, including where the body is a debenture holder; such authorised representatives are entitled to exercise the same rights and powers as the body corporate itself could exercise, including voting by proxy and by postal ballot.
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