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of <h1>Section 105: Shareholders can appoint limited proxies to vote on polls, with strict notice, form, and inspection rules</h1> Members entitled to attend and vote at a company meeting may appoint another person as proxy to attend and vote on their behalf, though a proxy cannot speak and may vote only on a poll. The provision generally applies to companies with share capital, subject to articles and Central Government exclusions, and limits one proxy to acting for up to fifty members and prescribed shareholdings. Meeting notices must prominently state proxy rights, with penalties for default and for issuing proxy invitations at company expense in a biased manner. Proxy instruments must be written and properly signed, and members have a limited right to inspect lodged proxies on prior written notice.
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