Legal-Explanations.com - Legal resources in plain English
Legal-Explanations.com Home > Legal Definitions
 

Voting Trust

(n) Voting trust is the collection of proxies to form a unified opinion enough to move a resolution in the shareholders meeting or getting any particular persons to be appointed as director in such meeting. Voting trust is a trust of voting rights entrusted with somebody. Usually promoter groups forms voting trust to safeguard their interest and control.

 
Legal-Explanations.com Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 Legal-Explanations.com. All rights reserved