Proxy Contest - Law Dictionary Search Results
Home Dictionary Name: proxy contestproxy contest
proxy contest : a shareholder's challenge to an action or the control of corporate management accomplished through the solicitation of proxies from other shareholders called also proxy fight ...
Proxy
Proxy, a person appointed, usually by written authority, by a person entitled to vote personally, to vote at the discretion of the proxy. See Harben v. Phillips, (1883) 23 Ch D p. 35.As to voting by proxy under the (English) Companies Clauses Consolidation Act, 1845 (8 & 9 Vict. c. 16), see sections 76, 77 of that Act; amended in the case of a company being shareholder, by the Companies Clauses Acts, 1888 and 1889.A letter 'for the sole purpose of appointing or authorizing a proxy to vote at any one meeting at which votes may be given by proxy, whether the number of persons named in such instrument be one or more,' must bear a penny stamp, must specify the day on which the meeting is to be held, and is to be available only at the meeting so specified, and any adjournment thereof [(English) Stamp Act, 1891, and First Schedule]. The Standing Orders of Parliament (L.S.O. 62 and C.S.O. 62) prohibit the sending out of stamped proxies in connection with extension bills. Directors, acting in ...
shareholder
shareholder : one that owns a share in a fund (as a mutual fund) or property ;esp : stockholder see also derivative action, equity, proxy contest share·hold·ing adj or n ...
proxy
proxy pl: prox·ies [Middle English procucie, contraction of procuracie, from Anglo-French, from Medieval Latin procuratia, alteration of Latin procuratio appointment of another as one's agent] 1 : the act or practice of a person serving as an authorized agent or substitute for another used esp. in the phrase by proxy 2 a : authority or power to act for another b : a statement or document giving such authorization ;specif : an oral consent or written document (as a power of attorney) given by a stockholder to a specified person or persons to vote corporate stock 3 a : a person authorized to act or make decisions for another [appointed a health-care ] b : something serving to replace or substitute for another thing ...
proxy marriage
proxy marriage : a marriage performed in the absence of either the bride or groom who authorizes a proxy to represent him or her at the ceremony ...
Contest
Contest, the meaning of the word 'contest' is according to Black's Law Dictionary, to make defence to an adverse claim in a Court of law, to oppose, 'resist or dispute; to strive to win or hold: to controvert, litigate, call in question, challenge to defend. The contest continues right up to the final decision or, in other words the right to contest comes to an end only when a final decision is given one way or the other putting an end to the litigation between the parties with regard to the alienation, Darshan Singh v. Ram Pal Singh, 1992 Supp (1) SCC 191: AIR 1991 SC 1654. 1665, [Punjab Customs (Power to Contest) Act, (2 of 1920), s. 7]...
proxy statement
proxy statement : a document containing information about a proposed corporate action that the corporation is required to submit to shareholders for their vote on the action ...
Proxies
Proxies, annual payments by the parochial clergy to the bishop, etc., on visitation....
contest
contest : to dispute or challenge through legal procedures [ a will] [kÄ n-test] n : a challenge brought through formal or legal procedures [boundary controversies or other s between states "Felix Frankfurter"] ;specif : will contest see also no contest clause ...
Contesting candidate and returned candidate
Contesting candidate and returned candidate, a returned candidate is one who has been elected and a contesting candidate is one who has not withdrawn his candidature under s. 37. In clause (a) of s. 82 the words 'he himself or any other candidate', 'any other candidate' there means any other contesting candidate, Har Swarup v. Brij Bhushan Swarup, AIR 1967 SC 836 (838): (1967) 1 SCR 342. [Representation of the People Act, 1951, s. 82(a)]...
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