Hello,
I am the sole director of a PTY owned by a foreign company at 100% (shareholders).
Shareholders have suddenly (by email and without showing any evidence of whatsoever process followed or resolutions) nominated themselves along me as directors of this PTY.
My company constitution suggests that an EGM must be called and notice of 28days given. (Exact terminology present in company constitution is "may", which might open a door I believe).
Shareholders have acted that way to take immediate control of the company and issue warning letters to employees including myself.
Is that legit??
I am the sole director of a PTY owned by a foreign company at 100% (shareholders).
Shareholders have suddenly (by email and without showing any evidence of whatsoever process followed or resolutions) nominated themselves along me as directors of this PTY.
My company constitution suggests that an EGM must be called and notice of 28days given. (Exact terminology present in company constitution is "may", which might open a door I believe).
Shareholders have acted that way to take immediate control of the company and issue warning letters to employees including myself.
Is that legit??