Definition : Mandator

Person who gives a mandate to another (the mandatary) to represent him in the performance of a legal act with a third party. A co-owner (the mandator) may grant to a mandatary the power to represent him at a general meeting of co-owners. This power and, if need be, the writing that records it, is called a proxy. The mandator may revoke the mandate he has granted at any time.

 

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24/07/2024

Can the proxy holder transfer their voting right?

In preparation for an extraordinary assembly, Mr. Wilson had initially received proxies from ten co-owners, each assigning a different number of votes. However, an unforeseen event prevents Mr. Wilson from attending the assembly. In anticipation of his absence, he has transferred these proxies to Mrs. Lafleur, who is a member…...

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October 21, 2023 Any co-owner may delegate his right to vote to an mandatary. Thus, with the notice calling the meeting containing agenda, financial statements and budget, there is usually a blank proxy form. However, since there is no requirement for the board to include one, it may be necessary for…...

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02/03/2010

Powers of attorney: how many can I have?

At the last annual meetings, directors held more than 50% of the votes (proxies plus their own votes). He has enough votes to be re-elected year after year. We feel helpless because we don't really have the power to turn the tide when voting. Question: Is it possible in the…...

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