Proxy voting refers to the procedure of delegating the right to vote by one person to another. In proxy voting in the absence of a person his/her vote will be secured by some other person. A person so designated to cast the vote of another is called a "proxy" and the person who delegates the power is called a principal. A voter must have a trust in the proxy. Any person including the official of the chosen party can be appointed as the proxy.
A proxy can also be revoked unless the terms of the proxy say otherwise.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
It’s best to do it in writing to avoid any misunderstandings down the line. A verbal revocation might lead to confusion, and we want to keep things crystal clear!
Once you revoke a proxy, any decisions made after that point by the old proxy aren’t valid. It’s like flipping a switch – the new rules apply from that moment onward.
No, there isn’t a specific time limit to revoke a proxy. You can do it whenever you feel it’s necessary – it’s all about what's right for you.
While you don't necessarily need a lawyer to revoke a proxy, having one can help make sure that all the legal ducks are in a row, especially if things get a bit tangled.
To formally revoke a proxy, you usually need to put your wishes in writing, sign it, and sometimes notify the person you’re revoking if it's a good idea to keep things clear.
You might want to revoke a proxy if your chosen proxy can’t do the job anymore, you no longer trust them, or you simply want someone else to take the reins.
A Revocation of Proxy is a legal document that cancels the authority given to someone to act on your behalf. It’s like saying, 'Hey, I’ve changed my mind about who I want to handle my matters!'
Trusted and secure by over 3 million people of the world’s leading companies