Singapore legislation
Regulation 133
Regulation 133
Holder of proxy not to vote on matter in which he is financially interested
No person acting either under a general or a 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 estate of the LLP otherwise than as a creditor rateably with the other creditors of the LLP: Provided that where any person holds special proxies to vote for an application to the Court in favour of the appointment of himself as liquidator he may use the said proxies and vote accordingly.