Voting Trust Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Voting Trust, written in plain English, along with examples of how it is used.
What is 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.