Who Is Proxy in Company?

1 a person appointed by a company member to attend and vote in place of the member at a company meeting. 2 the instrument appointing a person to act as proxy. PROXY.

Who is a proxy person?

A proxy is an agent legally authorized to act on behalf of another party or a format that allows an investor to vote without being physically present at the meeting.

Who is proxy under company Act?

The term 'proxy' is used in two ways under the Companies Act, 2013. The first refers to the individual appointed by a member to attend and vote in the meeting on his behalf as a representative. The other refers to the instrument/ document by which such an individual is appointed as a proxy.