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    <title>1950 (9) TMI 11 - HIGH COURT OF MADRAS</title>
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    <description>Proxy revocation remains available under agency law unless the articles expressly exclude it, provided notice is given to the company. Shareholders may elect another chairman for an adjourned poll where the appointed chairman declines to act; the chairman&#039;s right to preside depends on willingness to continue. Proxies prescribed by the articles must be assessed within that contractual framework. A chairman should not reopen an earlier acceptance of proxies on stamping grounds or reject them without a fair opportunity to cure any deficit. Excluding validly revoked or properly stamped proxy votes can alter the poll result and invalidate resolutions.</description>
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    <pubDate>Thu, 07 Sep 1950 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=97075</link>
      <description>Proxy revocation remains available under agency law unless the articles expressly exclude it, provided notice is given to the company. Shareholders may elect another chairman for an adjourned poll where the appointed chairman declines to act; the chairman&#039;s right to preside depends on willingness to continue. Proxies prescribed by the articles must be assessed within that contractual framework. A chairman should not reopen an earlier acceptance of proxies on stamping grounds or reject them without a fair opportunity to cure any deficit. Excluding validly revoked or properly stamped proxy votes can alter the poll result and invalidate resolutions.</description>
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