Page 28 - The Law of Difficult Meetings
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The Law of Difficult Meetings
23. VOTES OF NO CONFIDENCE
It seems that a resolution of no confidence in the Board has no effect. If a shareholder proposes a resolution of
no confidence, the Chairman may wish to begin by making this point and, after commenting that the shareholder
has made his point and that the Board will take note of it, request the shareholder to withdraw the motion (with
the consent of the meeting). The Chairman may further wish to suggest that if the shareholders want to express
their confidence or otherwise in the Board, they should vote for or against the resolution to receive the report and
accounts (assuming such a resolution is being put). This will avoid wasting the time of people present in considering
superfluous resolutions. Having said that, if the shareholder persists, then the resolution should formally be put.
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