Spot on.... it wont happen.....ordinarily.
What somehow needs to be done is for a top 20 SH or combo of SH's with 5% or more to present a 249D notice to the current BoD.
Then..... a 249D T/O is voted on by all SH's from there.
The new BoD if 249D was 'won' would then consist of that 20% or their electives.
Doesn't happen often.... but one can hope.
Ann: Notice of General Meeting/Proxy Form, page-11
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