LLL 0.00% 50.5¢ leo lithium limited

Go back to the original questions asked!"Can the shareholders...

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  1. 6,941 Posts.
    lightbulb Created with Sketch. 4482
    Go back to the original questions asked!

    "Can the shareholders raise a extraordinary meeting and put the company into administration based on managerial incompetence?"
    ~ good luck with proving the management being incompetent though.

    The link provides information on the process to wind up a solvent company, that is only after the majority of the board makes a declaration.

    Other than asking the Courts to review any parts of the winding up, Shareholder's involvement is to vote on a special resolution.

    Thanks for the link wink.png
    Last edited by fooca: 08/07/24
 
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