Controller in United Kingdom
Definition of Controller
In accordance with the work A Dictionary of Law, this is a description of Controller :
(in company law)
Strictly, one who holds shares conferring a majority of the *voting power that can be exercised at a general meeting. In practice, effective control can often be exercised by a director with no voting power or a minority of it if he is able to manipulate *proxy voting.
See also subsidiary company.
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