Define: Proxy

Proxy
Proxy
Quick Summary of Proxy

A proxy is a server or software that acts as an intermediary between a client and a server. It receives requests from clients and forwards them to the appropriate server, then sends the server’s response back to the client. Proxies are commonly used for various purposes, such as improving security, enhancing performance, and providing anonymity. They can be configured to filter and block certain content, cache frequently accessed data, or hide the client’s IP address. Overall, proxies help optimize network communication and protect users’ privacy.

Proxy FAQ'S

A proxy is a legal document that authorizes someone else to act on your behalf in making decisions or taking actions.

You may need to use a proxy when you are unable to attend a meeting or vote in person, such as in a shareholders’ meeting or a board of directors’ meeting.

In most cases, anyone can be appointed as a proxy as long as they are of legal age and have the capacity to act on your behalf. However, certain restrictions may apply depending on the specific situation or jurisdiction.

To appoint a proxy, you typically need to complete a proxy form provided by the organisation or entity holding the meeting. The form usually requires your signature and the details of the person you are appointing as your proxy.

Yes, you can generally revoke a proxy appointment at any time before the meeting takes place. This can usually be done by submitting a written notice of revocation to the organisation or entity holding the meeting.

No, a proxy holder is generally obligated to vote in accordance with your instructions. However, if you have not provided any specific instructions, the proxy holder may have the discretion to vote as they see fit.

In some cases, you may be able to appoint multiple proxies. However, it is important to check the specific rules and requirements of the organisation or entity holding the meeting, as they may have limitations on the number of proxies allowed.

Proxies are typically used for business or organisational matters, such as voting in meetings. However, in certain situations, proxies can also be used for personal matters, such as granting someone the authority to make medical decisions on your behalf.

In some legal proceedings, such as a power of attorney or guardianship case, a proxy may be used to appoint someone to act on your behalf. However, it is important to consult with an attorney to determine the specific requirements and limitations in your jurisdiction.

Misuse of a proxy can have legal consequences, as it may involve breaching fiduciary duties or engaging in fraudulent activities. If a proxy holder acts outside the scope of their authority or fails to follow your instructions, you may have legal remedies available to address the issue.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 13th April 2024.

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