Conflict of interest in proxy voting prohibits proxies from voting on resolutions that confer financial benefit to them. A person acting under a general or special proxy must not vote in favour of any resolution which would directly or indirectly place the proxy-holder, his partner or employer in a position to receive remuneration out of the assets of the LLP except as a creditor sharing ratably with other creditors.
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.
Conflict of interest in proxy voting prohibits proxies from voting on resolutions that confer financial benefit to them.
A person acting under a general or special proxy must not vote in favour of any resolution which would directly or indirectly place the proxy-holder, his partner or employer in a position to receive remuneration out of the assets of the LLP except as a creditor sharing ratably with other creditors.
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