MOA states the directors can appoint a chairman for meetings

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    #16
    Originally posted by Starlane View Post
    RAM...what do you mean when you say " if there is no company?"
    As I said
    If there is no company,( any company ) there are no shareholders. So Directors "May" be able to dictate "some" rules for the Directors to hijack the shareholders meeting.

    Because shareholders wont exist if there is no company, the fact that the shareholders are members of the company but do not make business decisions, then the "Company" may be able to state that the "Company" DICTATES how the their shareholders meeting is held, and the "Company" will dictate who is the chairman etc.

    I say NO, they wont hijack a shareholders meeng requested by the shareholders for the shareholders, but the shareholding directors are welcome to attend, AND they will abide by the agenda, and votes will be taken on the agenda, and NO other business will be discussed, and only one item will be on the agenda, and that will be -- usually - to add more directors / remove certain directors ( shareholders vote in directors - and must be agreed by the shareholders even if the directors themseves install another / different director.)
    Directors appointments must be ratified by the shareholders.

    I have seen directors hijack a shareholders agenda.

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      #17
      Thank you RAM for clarifying.

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        #18
        If you send me a private message with the name of the company, I shall try to assist further,

        It can be helpful in some circumstances to have an independent chair of a meeting but it is a meeting of members so there is no reason why members cannot object at the start of the meeting and remove the chair from the meeting.

        Only members are entitled to vote at an AGM or EGM,

        Directors appointments are not always ratified by the members, it depends entirely on the Articles, The members do have the right, however, to remove a director,

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          #19
          In response to your questions on a different thread, non members are often invited to attend part or all of a meeting of members eg to supply information or take minutes but only members are allowed to vote.

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            #20
            Originally posted by Starlane View Post
            The Company wont hold an AGM, wont let us see the accounts, wont provide service charge accounts by the same accountant who is now the chair and wont answer questions put to them. They wont pay a penny for any repairs, no repairs and services have been done/provided for 7 years
            NO accounts, No service charge accounts, wont pay a penny for any repairs, repairs and services have not been done/provided for 7 years.

            Then you can DO them, as all above are against the Law.

            apply for an F.T.T. Manager, and / or go to court.
            Don't think me rude or aggressive. I see this all the time. Leaseholders refuse to go the way of getting an F.T.T. Manager installed. Refuse to go to court to MAKE the freeholder show you the accounts / repair the place.
            You wont get the directors dismissed, but you will get the place repaired.

            Concentrate on action: as you have the evidence.
            You have mulitpul theads on here, ( Threads started ) all about the same property.


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              #21
              You are right to try to replace the directors if they are not acting in your best interests and there is no reason why you should not succeed if you have sufficient like minded members..
              Applying to the FTT to appoint a manager is rarely in your interests and it can lead to horror stories which can be found elsewhere on here.
              Taking legal action is also rarely in your interests, you would be effectively taking action against yourselves and bearing the costs.

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                #22
                Yes Eagle2 that is my concern, that we have directors who are self interested ( what a surprise NOT at my block), they are in breach of the lease themselves (what a surprise NOT at my block), I also believe there has been collusive fraud going on regarding hidden insurance commission and a directors loan, not enough evidence to prove it unfortunately...just a few glimpses of paperwork. They wont let me see the accounts so I have no idea what the money is being spent on....it has got to solicitor stage now and I have carefully prepared my preliminary notice and served it on them the Directors. They cant seem to understand that due to their actions and lack of actions we are in the mess we are because o their incompetence and they don't even understand property management. I feel so frustrated with all this. Thank you to everyone on here for helping me.

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