Use of proxies by deputy permits a liquidator to depute a controlled person to exercise proxies when absent. Rule 194 permits a liquidator who holds proxies to authorize in writing a person under his official control to exercise those proxies on his behalf when the liquidator cannot attend the meeting, and the deputy must act in the manner the liquidator directs.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Use of proxies by deputy permits a liquidator to depute a controlled person to exercise proxies when absent.
Rule 194 permits a liquidator who holds proxies to authorize in writing a person under his official control to exercise those proxies on his behalf when the liquidator cannot attend the meeting, and the deputy must act in the manner the liquidator directs.
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