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Well the inevitable has happened. The AGM was held(deferred a week as the Secretary’s auction was deferred a week!).
Attendees and proxies corralled to ensure most existing EC members frozen out(personal vendetta). Replaced by two real estate agents and a real estate friendly owner, in addition to the coup master(ex real estate owner) and another long-term owner.
Technically the real estate agents would go when the new laws come in. But no, this time they have split a company nominee into two. Company nominee has been given to one agent for x number of properties and another for y number of properties. Thus subverting the intent of the new laws(recognising that at least one agent was going to get on as the existing company nominee).
It is also possible that the coup master will also hang on to a cupboard size lot after selling his apartment to maintain his position and control. For what reason is unclear, though it is clear all these people who turned up or submitted proxies did not do so on their own volition. Go back a few years and you will find the AGM was often adjourned because of a lack of a quorum!
To top it off he got himself appointed as Secretary again, as he has again stacked and hijacked the committee.
So another year goes and the challenge will be to keep the Committee in check and ensure they apply sound and consistent values to all owners, not just their vested interests.
Sunny