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Bare acts > Companies (Court) Rules, 1959 > Rule 226
 
    


226. Holder of proxy not to vote on matter in which he is financially interested.- No person acting either under a general or special proxy shall vote in favour of any resolution which would directly or indirectly place himself, his partner or employer in a position to receive any remuneration out of the assets of the company otherwise than as a creditor rateably with the other creditors of the company.

 

 

 

 

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