Revocation of Proxy (Canada)

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A proxy is a written document whereby one person gives another the authority to vote in his stead. This type of arrangement is used by shareholders who are unable or unwilling to attend the shareholder meeting. This document allows the shareholder that gave the proxy to revoke the proxy, terminating any rights the proxy holder maintained.

This form includes special formatting features to assist you in completing the agreement.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.

Revocation of Proxy (Canada)

Product Details

Product Revocation of Proxy (Canada)
Country Canada
Pages 3
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Proxies, Voting Agreements & Officer and Director Resignations
Product number #28400
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

A proxy is a written document that allows one person to authorize another to vote on their behalf at a shareholder meeting. It is commonly used when shareholders cannot attend the meeting in person.

To revoke a proxy, you need to complete the Revocation of Proxy form and submit it according to your corporation's bylaws. This will officially terminate the authority granted to the proxy holder.

No, this Revocation of Proxy form is intended for use in all provinces of Canada except Quebec. Different regulations may apply in Quebec.

Yes, you can revoke a proxy at any time before the meeting occurs. However, it is advisable to do so in writing to ensure clarity and avoid any disputes.

If you do not revoke your proxy and do not attend the meeting, the proxy holder will still have the authority to vote on your behalf. This could lead to decisions being made that do not align with your current views or interests.

Is This Form Right For You?

Use This Form If:

  • Individuals who have previously granted a proxy to another person may find it necessary to revoke that authority if their circumstances change. For instance, if a shareholder decides to attend the meeting in person after all, they would need to formally revoke the proxy to ensure their vote is counted.
  • Situations requiring a change in representation often arise when the proxy holder is no longer aligned with the shareholder's interests. In such cases, the original shareholder can use this form to revoke the proxy and appoint someone else who better represents their views.
  • To comply with corporate governance best practices, shareholders may want to revoke a proxy if they believe the proxy holder is not acting in their best interest. This form provides a straightforward way to terminate the previous arrangement and regain control over their voting rights.
  • For those who have granted a proxy but later decide to change their mind due to new information or a change in company direction, this revocation form is essential. It allows them to officially cancel the proxy's authority and ensure their vote reflects their current stance.
  • Shareholders who experience a change in personal circumstances, such as a relocation or change in investment strategy, may wish to revoke their proxy. This document facilitates that process, allowing them to take back their voting rights without complications.

Do Not Use If:

  • – This form is not appropriate if the shareholder is satisfied with their current proxy holder and does not wish to make any changes. Using the revocation form in this case would create unnecessary complications.
  • – If the shareholder is unable to attend the meeting but still wishes to maintain their proxy arrangement, they should refrain from using this form. Revoking the proxy would eliminate their ability to have someone vote on their behalf.
  • – In situations where the proxy holder has already cast a vote, revoking the proxy may not be effective. Once a vote is submitted, the authority granted cannot be undone retroactively.
  • – This form should not be used if the shareholder is unsure about their decision to revoke the proxy. It is crucial to be certain about the revocation to avoid confusion and potential legal issues.

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