can shareholders of a limited company insist on a secret ballot on a vote of no confidence against diretors?

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can shareholders of a limited company insist on a secret ballot on a vote of no confidence against diretors?

2006-10-17 08:45:22 · 2 answers · asked by ANITA C 1 in Business & Finance ➔ Other - Business & Finance

2 answers

No single shareholders cannot. Has to be a combined shareholder vote of 51% of the shares or more...

2006-10-17 08:50:03 · answer #1 · answered by PBnJ 3 · 0⤊ 0⤋

If a majority of shareholders call for one, then they can force the issue - otherwise it's at the directors discretion.

**In other words, if they think it might benefit them, or not !

2006-10-17 15:51:05 · answer #2 · answered by Froggy 7 · 0⤊ 0⤋