A power of attorney is authorisation to act on another person’s behalf and in their name in a legal or business matter. The person granting the power of attorney is known as the grantor and the person authorised to act is the agent or attorney-in-fact. The power granted may be very wide in scope and may include the power to sign documents on behalf of the grantor, deal with their financial affairs and property, etc.
A proxy commonly refers only to authorisation to vote on another’s behalf and is therefore more limited in scope than a power of attorney. For example, a shareholder entitled to attend and vote at a company meeting may appoint a proxy to attend and vote in their place or a British student backpacking around the world may appoint his or her mother to vote in a general election on his or her behalf (note that a proxy is also the person to whom authorisation is granted).
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Does the Power of Attorney has the right to vote (wuthout a proxy)on behalf of a share holder. The bye-law says that proxy can vote
It depends on what is in the power of attorney and what is stated in the bylaws.
Bye-law does not talk anything about Power of Attorney. In the Bye-Law, the member can appoint any other person as the proxy.
But the member has given me the PoA ['full power'] to represent in all forums including the society. So with PoA can I vote or should I make a proxy based on the PoA and then represent the member to vote?
As PoA, can I contest for election?
Dear Lijo,
We do not provide legal advice at translegal.com, so you should consult a lawyer who is licensed to practice law in your jurisdiction.