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Hi Folks
The Minutes of a recent EGM seem out of order to me:
1) Several Owners’ proxies weren’t shown as being given to me.
2) I thought it was normal practice to give full details of the Motions moved and then report whether or not they were carried or defeated. In this case the Minutes simply say that 10 Motions were put and the were defeated “unanimously”. There is not a whisper of what was in the Motions. One would have to refer back to the Agenda to have any idea what these 10 Motions were.
3) The Motions weren’t defeated Unanimously. The Chairperson put the Motions to vote as a block and Owners were asked who wanted to vote against them. A large majority raised their hands. The Chairman announced that the Motions were defeated. No one was given the opportunity to abstain or vote for them.
With major legal action possibly/probably heading our way, shouldn’t the Minutes specify what the Motions were, that some Owners did NOT vote to defeat the Motions, with further clarity re owners who gave their proxies to be used in favour of the Motions spelt out?
It never fails to amaze me how inventive our EC can be in trying to conceal exactly what is happening and also in twisting the truth.
Thanks.
Footnote: have just checked with Fair Trading. There is nothing in the legislation saying how Minutes must be set out. But a bit of truth and transparency surely wouldn’t go astray!
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