""the Commercial Court of Lubumbashi rejected the requests of AVZ and chaired a shareholders' meeting, which approved the transfer of the 15% interest owned by COMINIERE to Jincheng Mining"
I don't portray to know a lot about legal proceedings but why would any court chair a shareholders meeting?"
I doubt they can. You can't call a shareholders meeting without a quorum, and that quorum would be set in the companies constitution. Whatever it is, it for sure isn't one dude, a judge and the guy from zinjin. It's usually a certain number of directors as a minimum. Outsiders can't force a shareholders meeting, only shareholders can force a meeting is as I understand it. Happy to be corrected by someone that has been a director, and not random dickheaded shorters.
This will not hold up to scrutiny, and should be dealt with tout de suite as they say in french. Felix T. should suggest a timeslot be found on their High Court agneda and pound this down and the judge that did it.
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