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of <h1>Section 8 Company Members: Proxy Must Be Also a Member, Limited to 50 Members or 10% Voting Share. Use Form MGT.11.</h1> A member of a company registered under section 8 cannot appoint a proxy unless the proxy is also a member. A person may act as a proxy for up to fifty members, collectively holding no more than ten percent of the company's voting share capital. A member with more than ten percent of the voting share capital can appoint only one proxy, who cannot serve as a proxy for others. Proxy appointments must use Form No. MGT.11.
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