Originally Posted by
Victor Itkin
Thus, your aforementioned statement distorts the true states of affairs exactly the opposite: not “there is no duty for a president to follow the dictates of the board”, but to the contrary – president’s duty is to obey the boards’ decisions, and in no way he may dictate to the board to overturn them. Accordingly, the essence of my position related to this episode stands: by cancelling the CFC Board of Directors’ majority decision to ask for Vadim’s resignation, you have violated the law (the CFC bylaw)
<SNIP Drivel>
Shame on you.