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>Of course in practice eventually someone breaks and declares the whole thing silly, restores the real chair and continues the meeting, adopts the accounts etc
by rory096 7y ago
>Of course in practice eventually someone breaks and declares the whole thing silly, restores the real chair and continues the meeting, adopts the accounts etc .... then you go to court because the chair wasn't valid and therefore the accounts weren't really adopted and the company can't trade ..
Seems like this is trivially solvable within RRO via a motion to suspend the rules. Assuming your organization ran under one-share-one-vote rules and your small shareholders were a tiny minority, a supermajority should be able to overcome arcane rule-hacking.
https://en.wikipedia.org/wiki/Suspension_of_the_rules#Gordian_knot https://en.wikipedia.org/wiki/Suspension_of_the_rules#Gordia...