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  1. I agree that those 2 exceptions could easily be...

    I agree that those 2 exceptions could easily be applied

    It is intended to enforce a personal claim or redress a personal grievance against the corporation, or its directors, officers, members or...
  2. Not really, 5% of the VM can do that on their...

    Not really, 5% of the VM can do that on their own.


    Source Industry Canada http://www.ic.gc.ca/eic/siTe/cd-dgc.nsf/eng/cs05006.html
  3. It is also an illegal procedure. The NFP Act...

    It is also an illegal procedure. The NFP Act define how to remove a Director from office and that requires a motion from the VM at special meeting, not a regular meeting. The required majority is set...
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