2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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20
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25
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10
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15
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Detailed explanation-1: -India. In 2003, India’s People’s Representative Act was amended to allow armed forces personnel to appoint a proxy to vote on their behalf.
Detailed explanation-2: -A proxy vote is a ballot cast by one person or firm for a company’s shareholder who can’t attend a meeting, or who doesn’t want to vote on an issue. Prior to a company’s annual meeting, eligible shareholders may receive voting and proxy information before a shareholder vote.
Detailed explanation-3: -A way for shareholders to vote for corporate directors and on other matters affecting the company without having to personally attend the meeting.
Detailed explanation-4: -Unless an association’s governing documents provide otherwise, a proxy may be granted to anyone, not just another owner. However, many associations’ Bylaws do require that a proxy may be granted only to another owner.