chilledbear 16 Posted October 14, 2013 Share Posted October 14, 2013 What's next?? 0 Quote Link to post Share on other sites More sharing options...
JTP 0 Posted October 14, 2013 Share Posted October 14, 2013 What's next?? Septic to gather their trolls and see if they should appeal it. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted October 14, 2013 Share Posted October 14, 2013 http://news.stv.tv/west-central/243278-rangers-opposition-group-forces-delay-of-annual-general-meeting/ Opposition Rangers shareholders have succeeded in their bid to delay the club's annual general meeting. The rebel group, including former oldco director Paul Murray and ex-Rangers International Football Club plc chairman Malcolm Murray, had their petition heard at the Court of Session on Monday. They were attempting to get an interim interdict enforced against Rangers International after the board rejected a proposed resolution for the annual general meeting that was scheduled to take place on October 24. As a result of the court case, the annual general meeting will not go ahead on the planned date. The rebel faction had claimed it should be delayed as they would not have enough time to circulate their resolution. Richard Keen QC, who was representing the opposition group, said the board’s conduct amounted to "waging guerrilla warfare" against the motion. The board rejected the proposed resolution, which called for the appointment of the Murrays, property adviser Scott Murdoch and ex-human resources director at BT Alex Wilson as directors, stating it was "not valid". On Monday, Rangers’ lawyer told Lord Tyre the board did not believe three signatures, belonging to Hargreaves Lansdown, Bank of New York and Singer Nominees investors, had been authenticated in the meeting resolution. The judge said: "It just boils down to whether they (signatures) should be validly authenticated or not." Mr Keen argued that the petitioners had presented enough information to Rangers for the signatures to be validated, while the club’s QC Heriot Currie argued against the postponement of the annual general meeting as reissuing annual general meeting documents would cost between an estimated £35,000 and £50,000, which would be paid by the opposition group. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted October 14, 2013 Share Posted October 14, 2013 Is thst BT guy at Celtic, Alex Wilsons boss at BT? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 14, 2013 Share Posted October 14, 2013 Utterly disgusting that shareholders need to take the club to court to get a fair hearing. Even more disgusting that the fans will agsin be paying to prop up a failing regime. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted October 14, 2013 Share Posted October 14, 2013 Cara Sulieman @carasulieman 1m Judge said it would be "prejudicial" if shareholders had "insufficient time" to consider the notice before the AGM. Cara Sulieman @carasulieman 19s Judge also ordered Rangers to pay petitioners' expenses. 0 Quote Link to post Share on other sites More sharing options...
JTP 0 Posted October 14, 2013 Share Posted October 14, 2013 Utterly disgusting that shareholders need to take the club to court to get a fair hearing. Even more disgusting that the fans will agsin be paying to prop up a failing regime. It's maybe not a bad thing this has happened gunslinger .......... IF ........... and thats a big IF ........... the ones with their heads in the sand sit up and realise that our current board are unfit for purpose. 0 Quote Link to post Share on other sites More sharing options...
bossy 0 Posted October 14, 2013 Share Posted October 14, 2013 It is a shame that it had to come to this as it does not benefit anybody. The blame, however, is firmly on the board who resorted to such underhand shenanigans. 0 Quote Link to post Share on other sites More sharing options...
Tannochsidebear 2,306 Posted October 14, 2013 Share Posted October 14, 2013 These ridiculous court hearings tell me two things; 1. The current board will do anything and everything to cling to the gravy train of power for as long as they can. 2. Those seeking power were not confident enough to get a vote through at the EGM that they withdrew the EGM request, and are trying everything they can apart from buying the actual shares from those in power to get power. Neither side come out of this very well, but it should be another nail in the coffin of the current board, who most fans are seeing as more and more corrupt by the passing week. What this will do, and I am quite sure this was a fairly deliberate part of the tactic from the Requisitioners, is give the fans more games to show their dissent at the current regime. There are 4 home games in 14 days between 2-16 November and I am certain this will see an intensification of the "Board Out" movement. In the meantime we the supporters will continue to be led a merry dance in the media with spin and counter-spin over the next few weeks before we get anywhere near a resolution to our turmoil, and any peace to concentrate on our football. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted October 14, 2013 Share Posted October 14, 2013 Cara Sulieman @carasulieman 1mJudge said it would be "prejudicial" if shareholders had "insufficient time" to consider the notice before the AGM. Cara Sulieman @carasulieman 19s Judge also ordered Rangers to pay petitioners' expenses. Proves the board were firmly in the wrong. No surprise really. 0 Quote Link to post Share on other sites More sharing options...
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