Explain the difference

Corporate & Other Laws

Difference between proxy and representative?in an understandable way pls

Dhakshana Dhakshana

CFA L2

★ 18K+

03-Dec-22 16:16

416

Answers (1)

Representative is when the company or Higher authorities like Governor appoint someother person to attend on their behalf.Not only the meetings,all the issues regarding the shareholding Proxy can be appointed for all the persons. In general terms, representative represents other person on their behalf.

Shankari C

CA Inter

★ 12K+

03-Dec-22 17:23