Business Studies

State the following statement is True or False:
The proxy is allowed to vote only in poll method of voting.


ANSWER

True


SOLUTION
Being a member of a company, he/she acquires the right to vote at a company meeting. Member can also appoint a person as 'proxy' to attend the meeting on his/her behalf. A proxy does not earn all the rights of a member. However, the proxy shall have the right to vote at the meeting through a poll.
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TRUE/FALSE Medium Published on 18th 08, 2020
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