ECL 0.99% $3.07 excelsior capital ltd

Ann: Result of EGM - Wind Up Resolution Defeated , page-7

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    re: Ann: Result of EGM - Wind Up Resolution D... XavierX2

    Please explain in a little more detail?

    I assume that in CMI's case Ray and the rest of the board can't vote on the remuneration so taking them out of the picture there will be well over 50% even 60% that might might against the remuneration. Do we have to wait two years? and how does a board spill trigger ie who has to go and when?
 
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