AGMs and Restricted Proxies – Another Look
Recently, we wrote about the Shen decision which is causing a fair bit of consternation for Owners and Councils at Strata Corporations. As we indicated in our post, we believe that meetings held in person to comply with the Strata Property Act and encouraging Owners to submit proxies (restricted or otherwise) to reduce the number of attendees as much as possible, were unlikely to be overturned. Of course, we are not a substitute for legal advice and many lawyers within the Strata community have begun to weigh in on the conversation.
Our good friends at Lesperance Mendes LLP are no exception, and they have published a new Strata Alert article on the subject. We encourage you to review their thoughts on the manner as you plan and prepare for your Annual and Special General Meetings.