Forums The Professionals The validity of AGM Current Page

#27191
Jimmy-T
Keymaster

    @Sir Humphrey said:
    One thing though. In the ACT, perhaps elsewhere – I’m not sure, a meeting that lacks a quorum can proceed with a ‘reduced quorum’ after waiting 30 minutes for stragglers to show up.

    This has been the case in NSW since the new laws came in in December last year.

    Also, I wonder if too much time hasn’t passed for the AGM decisions to be challenged – I have a feeling there is a time limit of 28 days.

    The best angle of attack would be the conflict of interest issue.

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