If you register, you can do a lot more. And become an active part of our growing community. You'll have access to hidden forums, and enjoy the ability of replying and starting conversations.

Lineisclear's Recent Activity

  1. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    That looks like a very slippery slope! There may be some members " can't see the wood from the trees and don't understand what's at stake" Are you suggesting their votes shouldn't count? How would you find a genuinely independent alternative...

    Mar 23, 2024 at 2:27 PM
  2. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    Yes I understand the thrust of what your saying is that there may be no trust. That's different from a conflict of interest. I emphaiszed that the chairman must conduct the meeting properly and certainly without any manipulation or bias. The...

    Mar 23, 2024 at 12:01 PM
  3. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    It's interesting that there have been complaints that the board have not been following the law and yet when it comes to the conduct of an EGM it's being suggested that's not after all the standard against which the board should be judged! As...

    Mar 23, 2024 at 10:00 AM
  4. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    Of course the Chairman has a desired outcome! If he's been given discretion as to how to exercise proxy votes that authority has been given by the appointing members in that knowledge. If they wanted their votes to be swayed by debate at the...

    Mar 23, 2024 at 9:14 AM
  5. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    There doesn't seem to be a Conflict of Interest or of Duty as those concepts are normally interpreted. As for any director/trustee the chairman's primary duty is to the Company. His duty is along with the Company Secretary is also to ensure that...

    Mar 23, 2024 at 8:27 AM
  6. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    I hate to see the sort of destructive confrontation that has occurred and it strikes me that neither side has covered themselves in glory. Disagreement is fine. I've listened respectfully to your views and those of others about the NYMR....

    Mar 22, 2024
  7. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    Agreed....... a precise 75% majority would obviously be less compelling than a 95% one but in terms of whether a special resolution passes or fails it would still be decisive.

    Mar 22, 2024
  8. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    If a valid demand for a poll is made then one has to be held . Whether it's a simple majority or special majority if the chairman holds sufficient proxy votes in favour, or that allow him to exercise his discretion, so that the requisite...

    Mar 22, 2024
  9. Lineisclear replied to the thread Lynton and Barnstaple - Operations and Development.

    It would be normal to count beforehand those proxy votes for and against where the chairman has been appointed as proxy. It may also help to count those proxies that have been duly lodged where the member has instructed the proxy how to vote....

    Mar 22, 2024