James Hardy wrote:
2008/9/10 Ross Gardler <ross.gardler@oucs.ox.ac.uk <mailto:ross.gardler@oucs.ox.ac.uk>>: > It is much safer, IMHO, to put a mechanism in place *prior* to the > election for the removal of a rogue element of the board. One that has a > very public history is Mambo/Joomla.
2008/9/10 geni <geniice@gmail.com mailto:geniice@gmail.com>
There is no legal way to enforce this.
IANAL but can a board-member of a company not be forced to resign due to vote of no-confidence or similar at an EGM? And can it not be written into the governing docs of the company that an EGM is to be held at the request of n% of the board or m% of members?
Yes, but the initial board will be voted into place before the company is formed. So company law does not apply to that initial board.
Ross