Tue Jul 14, 2015 9:43 am
Tue Jul 14, 2015 9:55 am
Forever Blue wrote:No one has been removed yet as Director or President
Also No actual statements can be made regarding Tan / Langston case other than in the actual court case
So forget all the bollicks in the media
Tue Jul 14, 2015 10:12 am
Tue Jul 14, 2015 10:15 am
Sven wrote:Forever Blue wrote:No one has been removed yet as Director or President
Also No actual statements can be made regarding Tan / Langston case other than in the actual court case
So forget all the bollicks in the media
No change there, then?? (Media bollocks!)![]()
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Tue Jul 14, 2015 10:18 am
Wayne S wrote:Isn't the egm to remove board members happening this Friday? So no one would be removed yet.
Tue Jul 14, 2015 10:33 am
Forever Blue wrote:Wayne S wrote:Isn't the egm to remove board members happening this Friday? So no one would be removed yet.
Wayne, there is one voice at that meeting and one decision Tans.
Votes mean nothing
But if Tan says remove Director etc yes it will be done but it's illegal as contract signed by Tan says this can only be done once agreement is all fully paid signed and sealed by both parties
Tue Jul 14, 2015 10:34 am
Tue Jul 14, 2015 11:02 am
Forever Blue wrote:Wayne S wrote:Isn't the egm to remove board members happening this Friday? So no one would be removed yet.
Wayne, there is one voice at that meeting and one decision Tans.
Votes mean nothing
But if Tan says remove Director etc yes it will be done but it's illegal as contract signed by Tan says this can only be done once agreement is all fully paid signed and sealed by both parties
Tue Jul 14, 2015 11:10 am
Tue Jul 14, 2015 1:45 pm
Forever Blue wrote:Sven wrote:Forever Blue wrote:No one has been removed yet as Director or President
Also No actual statements can be made regarding Tan / Langston case other than in the actual court case
So forget all the bollicks in the media
No change there, then?? (Media bollocks!)![]()
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Chris a lot of bollocks
Tue Jul 14, 2015 2:15 pm
ccfcsince62 wrote:Forever Blue wrote:Wayne S wrote:Isn't the egm to remove board members happening this Friday? So no one would be removed yet.
Wayne, there is one voice at that meeting and one decision Tans.
Votes mean nothing
But if Tan says remove Director etc yes it will be done but it's illegal as contract signed by Tan says this can only be done once agreement is all fully paid signed and sealed by both parties
Annis
To remove a director from office before the end of his term requires one of the following
1) A resolution passed at an Exraordinary General Meeting . I am not aware of any such meeting having been convened - the Trsut is a shareholder and hasn`t had such notice and you are a shareholder as well - have you been sent a notice?
2) A breach of what is known as Table A of the Srticles of the club. These breaches only relate to a resignation , madness , criminal conviction or personal insolvency of a director , or
3) Disqualification by the Court from acting as a director (like Peter Ridsdale was).
Mr Tan will have the final say as by far the biggest shreholder , but he must still first follow the above legal requirements to remove a director. If he doesn`t then he , and any other director who follows his orders ,will be in breach of their duties under the Companies Act
Keith
Tue Jul 14, 2015 2:42 pm
Forever Blue wrote:ccfcsince62 wrote:Forever Blue wrote:Wayne S wrote:Isn't the egm to remove board members happening this Friday? So no one would be removed yet.
Wayne, there is one voice at that meeting and one decision Tans.
Votes mean nothing
But if Tan says remove Director etc yes it will be done but it's illegal as contract signed by Tan says this can only be done once agreement is all fully paid signed and sealed by both parties
Annis
To remove a director from office before the end of his term requires one of the following
1) A resolution passed at an Exraordinary General Meeting . I am not aware of any such meeting having been convened - the Trsut is a shareholder and hasn`t had such notice and you are a shareholder as well - have you been sent a notice?
2) A breach of what is known as Table A of the Srticles of the club. These breaches only relate to a resignation , madness , criminal conviction or personal insolvency of a director , or
3) Disqualification by the Court from acting as a director (like Peter Ridsdale was).
Mr Tan will have the final say as by far the biggest shreholder , but he must still first follow the above legal requirements to remove a director. If he doesn`t then he , and any other director who follows his orders ,will be in breach of their duties under the Companies Act
Keith
As a Tan owns virtually all the shares, it does not matter what I or any other shareholder says, our votes are pointless.
My point I am making is there is a contract signed and agreed.
Tue Jul 14, 2015 2:51 pm
ccfcsince62 wrote:Forever Blue wrote:ccfcsince62 wrote:Forever Blue wrote:Wayne S wrote:Isn't the egm to remove board members happening this Friday? So no one would be removed yet.
Wayne, there is one voice at that meeting and one decision Tans.
Votes mean nothing
But if Tan says remove Director etc yes it will be done but it's illegal as contract signed by Tan says this can only be done once agreement is all fully paid signed and sealed by both parties
Annis
To remove a director from office before the end of his term requires one of the following
1) A resolution passed at an Exraordinary General Meeting . I am not aware of any such meeting having been convened - the Trsut is a shareholder and hasn`t had such notice and you are a shareholder as well - have you been sent a notice?
2) A breach of what is known as Table A of the Srticles of the club. These breaches only relate to a resignation , madness , criminal conviction or personal insolvency of a director , or
3) Disqualification by the Court from acting as a director (like Peter Ridsdale was).
Mr Tan will have the final say as by far the biggest shreholder , but he must still first follow the above legal requirements to remove a director. If he doesn`t then he , and any other director who follows his orders ,will be in breach of their duties under the Companies Act
Keith
Hi Keith, that's why he is doing it public, but no matter what anyone else's opinions are Tan decides 100%, but he has a signed agreement saying he has to pay all the money to Langston first before he does this.
Going to be interesting,but I will put my money on Sam as this is just another costly game to Tan and the circus roles on.
As a Tan owns virtually all the shares, it does not matter what I or any other shareholder says, our votes are pointless.
My point I am making is there is a contract signed and agreed.
Annis
Of course Vincent Tan can vote through what he wants.
But he still has to follow the correct procedures and call a formal meeting of shareholders or he is breaking the law and that wouldn`t look good when raised at any subsequent court hearing. Also all the other directors (VT is one in the eyes of the law even if not formally recorded as one) would be in similar breach for allowing that to happen.