1) they failed their duties as directors under Treasury Laws Amendment (2021 Measures No. 1) Act 2021 section 253Q Virtual Meetings 2) you were not allowed to attend the meeting nor listen to it's content 3) you were not allowed to contribute to the meeting. 4) the meeting should have been adjourned 5) if you feel your rights as a minority shareholder have been surpressed, then tell them.
if technical issues result in a number of members being unable to reasonably participate, the meeting should be adjourned until the problem is fixed. An extension to a statutory timeframe may be required to facilitate this. In the case of AGMs of entities with financial years ending up to 7 April 2021, a company or responsible entity may rely on ASIC’s ‘no-action’ position to extend the time within which they can hold the AGM by up to two months.
VRX Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
