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The problem with that scenario is Graham still needs to win this...

  1. nathanblack
    7,746 Posts.
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    04/10/13
    09:41
    Post #: 12406148
    The problem with that scenario is Graham still needs to win this precedent first.

    The appointment of a new RE is the responsibility of the outgoing RE. And winding up is at their discretion. And as Graham has pointed out clause 23 is highly restrictive on what members can and can't put forward.

    Arguably it is too restrictive, and a loss of fundamental rights under corporation laws should be forbidden. So Graham has a fighting chance imo.
    SRS Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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