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    <title>1931 (1) TMI 19 - IN THE COURT OF APPEAL</title>
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    <description>Articles of association, read with section 20 of the Companies Act 1929, were treated as creating contractual voting rights that allowed a shareholder to vote either in person or by proxy. A valid proxy did not extinguish the shareholder&#039;s continuing right to attend and vote personally unless that right was taken away expressly or by necessary implication. Because a proxy is only an agent and operates subject to the shareholder&#039;s choice at the time of voting, the chairman was not justified in preferring the proxy vote over the shareholder&#039;s personal vote. The shareholder&#039;s personal vote therefore prevailed and the proxy vote could not displace it.</description>
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    <pubDate>Mon, 12 Jan 1931 00:00:00 +0530</pubDate>
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      <title>1931 (1) TMI 19 - IN THE COURT OF APPEAL</title>
      <link>https://www.taxtmi.com/caselaws?id=96560</link>
      <description>Articles of association, read with section 20 of the Companies Act 1929, were treated as creating contractual voting rights that allowed a shareholder to vote either in person or by proxy. A valid proxy did not extinguish the shareholder&#039;s continuing right to attend and vote personally unless that right was taken away expressly or by necessary implication. Because a proxy is only an agent and operates subject to the shareholder&#039;s choice at the time of voting, the chairman was not justified in preferring the proxy vote over the shareholder&#039;s personal vote. The shareholder&#039;s personal vote therefore prevailed and the proxy vote could not displace it.</description>
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      <pubDate>Mon, 12 Jan 1931 00:00:00 +0530</pubDate>
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