Was there an agm Tuesday?
Re: Was there an agm Tuesday?
You can slag me off as much as you like but I am a principled man.
Sigon yes I asked the question at the AGM.
It is EVERY SHAREHOLDERS legal right to attend the AGM. You cannot ban someone. Of course he voted by PROXY.
ST ALB
With regards the unprecedented removal of a director from an AGM - it be a first for Cas tigers but if you review the
Companies act this in itself is something which is permitted in certain circumstances in order for the running of an AGM to occur.
Wrong...........
there are a few who can see it. Don't ever say you were not warned.
Off back under my stone now.
Robbo
Sigon yes I asked the question at the AGM.
It is EVERY SHAREHOLDERS legal right to attend the AGM. You cannot ban someone. Of course he voted by PROXY.
ST ALB
With regards the unprecedented removal of a director from an AGM - it be a first for Cas tigers but if you review the
Companies act this in itself is something which is permitted in certain circumstances in order for the running of an AGM to occur.
Wrong...........
there are a few who can see it. Don't ever say you were not warned.
Off back under my stone now.
Robbo
Truth is always best !
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Re: Was there an agm Tuesday?
Grateful to the Fulton family for keeping the club afloat all these years, but if anybody with enough money to make a difference wanted to come aboard would they be allowed to & how much influence would they have in the running of the club if they did?
Re: Was there an agm Tuesday?
Could be worse. Mr probiz (was it Nahaboo?), Dr marwan K.
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Re: Was there an agm Tuesday?
Give some credit to Marwan he put his hand in his pocket, he thought he knew best with the playing staff and the rules of the game. Many people said he had to build a foundation 1st at Salford but he ignored it.TT Tiger wrote:Could be worse. Mr probiz (was it Nahaboo?), Dr marwan K.
Question still remains though, if there is successful people in business out there who are big Cas fans with alot of money to invest and could take us up another level would they be allowed in?.
Hope one of our fans wins the euro mill's tonight b.t.w
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Re: Was there an agm Tuesday?
Rumours say on more than 1 occasion very rich people have been sent packing.duke street 10 wrote:Grateful to the Fulton family for keeping the club afloat all these years, but if anybody with enough money to make a difference wanted to come aboard would they be allowed to & how much influence would they have in the running of the club if they did?
A lot of the problems the club has had in the past has been down to the Fulton's and the yes men they have/had on the board.
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Re: Was there an agm Tuesday?
Like you say DS10 would they be let in.duke street 10 wrote:Give some credit to Marwan he put his hand in his pocket, he thought he knew best with the playing staff and the rules of the game. Many people said he had to build a foundation 1st at Salford but he ignored it.TT Tiger wrote:Could be worse. Mr probiz (was it Nahaboo?), Dr marwan K.
Question still remains though, if there is successful people in business out there who are big Cas fans with alot of money to invest and could take us up another level would they be allowed in?.
Hope one of our fans wins the euro mill's tonight b.t.w
Tbh I think we are cruising along just fine at the min.
Obviously I don't know all the ins and out how the club is being ran behind the scenes.
The sooner we are in our new stadium the better.
Hopefully all this t*t for tat will stop.
You never know new stadium new start new multi millionaire backer. :pray:
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Re: Was there an agm Tuesday?
if thats true anyone any ideas as to why. we all have heard rumours they have almost become folk law in cas.if it is true why won't the people in charge let go of power and let someone with some clout have a go.TheSheriff wrote:Rumours say on more than 1 occasion very rich people have been sent packing.duke street 10 wrote:Grateful to the Fulton family for keeping the club afloat all these years, but if anybody with enough money to make a difference wanted to come aboard would they be allowed to & how much influence would they have in the running of the club if they did?
A lot of the problems the club has had in the past has been down to the Fulton's and the yes men they have/had on the board.
Re: Was there an agm Tuesday?
I don't think for one moment there are people waiting in the wings wanting to give the support the Fultons have given to Castleford, how many millionaires do you know that support our club except them, I personally know of none , but may be some of you will able to name a few ?? for me thank the lord we have had the Fultons behind us
Re: Was there an agm Tuesday?
moving on from this a little, wasn't it JF who blocked this mans attempts ... read this https://companycheck.co.uk/director/908 ... /companies
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Re: Was there an agm Tuesday?
Quick point - an AGM is only a legal requirement of Public Limited Company - Not a Limited company.
If Castleford tigers did not want to even invite shareholders it would not be in breach of companies law 2006
If Castleford tigers did not want to even invite shareholders it would not be in breach of companies law 2006
Re: Was there an agm Tuesday?
If he did, then that's twice Jack saved our club.
Re: Was there an agm Tuesday?
He still hows Cas money for the sponsorship he took out, Every club the fake shake went too, he promised them the world, Halifax where glad to get shut of him, for his false promises, he left Cas owing naming rights for the ground, and left Fev right in the brown stuff. This feud has been going on for years,between a certain poster and Cas, and it's about time it was stopped or at least, stop airing his grievances on a fans forum page
Re: Was there an agm Tuesday?
Once again you are wrong. A company can opt out following the changes to the act in 2006.St Albans tiger wrote:Quick point - an AGM is only a legal requirement of Public Limited Company - Not a Limited company.
If Castleford tigers did not want to even invite shareholders it would not be in breach of companies law 2006
However we voted to keep one and the key document is the AOA.
I have the up to date version should you wish to have them.
Of course now we are under control by one family that may change and nothing could be done.
Truth is always best !
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Re: Was there an agm Tuesday?
It's about time you crawled back under the stone you came from Robbo, sick of hearing you now. Bet you think your really professional don't you? Like as has already been said. The washing machine is for dirty laundry not Cas forum. Can't the moderators block him for the sanity of the rest of us please.Robbo wrote:Once again you are wrong. A company can opt out following the changes to the act in 2006.St Albans tiger wrote:Quick point - an AGM is only a legal requirement of Public Limited Company - Not a Limited company.
If Castleford tigers did not want to even invite shareholders it would not be in breach of companies law 2006
However we voted to keep one and the key document is the AOA.
I have the up to date version should you wish to have them.
Of course now we are under control by one family that may change and nothing could be done.
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Re: Was there an agm Tuesday?
Sounds like someone would either prefer to live in North Korea or stick their head back in he sand!chesterfieldtiger wrote:It's about time you crawled back under the stone you came from Robbo, sick of hearing you now. Bet you think your really professional don't you? Like as has already been said. The washing machine is for dirty laundry not Cas forum. Can't the moderators block him for the sanity of the rest of us please.Robbo wrote:Once again you are wrong. A company can opt out following the changes to the act in 2006.St Albans tiger wrote:Quick point - an AGM is only a legal requirement of Public Limited Company - Not a Limited company.
If Castleford tigers did not want to even invite shareholders it would not be in breach of companies law 2006
However we voted to keep one and the key document is the AOA.
I have the up to date version should you wish to have them.
Of course now we are under control by one family that may change and nothing could be done.
"Wah wah I don't like what you're saying...plz ban!!!!" Pathetic.
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Re: Was there an agm Tuesday?
Yawn yawn yawn
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Re: Was there an agm Tuesday?
Firstly let me remark that the way Robbo replies to people on this forum is quite frankly appalling - they way in which you tell people they are wrong without ever providing proper evidence is probably the reason why people dismiss your views as quickly as you dismiss theirs.
On the subject of fact (and apologies ahead of this its not a thrilling read):
All companies are governed by the Companies Act 2006 - which covers the articles of association.
Articles of association are a document which can be altered by shareholders of a company at any point in time - so long as they abide by the legislation laid down in the aforementioned companies act. The companies act can only be altered by a passing of law by the Government.
Ultimately the Companies Act is the top piece of legislation that governs companies within the UK
Under the Companies Act a limited company does not have to hold an AGM unless the companies opt to a passing of an amendment to the Articles of Association. IT IS NOT A LEGAL REQUIREMENT under the companies act. It is an option afforded to directors of a business.
This was introduced under part 13 (sec281 - sec 361) which came into being when the Companies act 2006 was approved by Parliament on 1st October 2007
There are only two specific instances under which a limited company is legally required to hold an General Meeting (of which an AGM is considered to be a general meeting) - and I will refer to the specific paragraphs under the companies act to provide evidence of this.
s168 - where a director is dismissed from office before their term has finished
s510 - where an auditor is dismissed before their term has finished.
Furthermore there is no requirement to present the accounts at an AGM - so long as accounts have been provided to shareholders in advance - sec423 - sec425 of the companies act 2006
Although I concur that the company is required to hold an AGM under its articles this is not a legal requirement, and could be removed from the articles by a majority of shareholders with immediate affect.
All of the above is quite easy to find on the large accountancy and legal firms websites - so on that basis I will refer to them if that's ok
On the subject of fact (and apologies ahead of this its not a thrilling read):
All companies are governed by the Companies Act 2006 - which covers the articles of association.
Articles of association are a document which can be altered by shareholders of a company at any point in time - so long as they abide by the legislation laid down in the aforementioned companies act. The companies act can only be altered by a passing of law by the Government.
Ultimately the Companies Act is the top piece of legislation that governs companies within the UK
Under the Companies Act a limited company does not have to hold an AGM unless the companies opt to a passing of an amendment to the Articles of Association. IT IS NOT A LEGAL REQUIREMENT under the companies act. It is an option afforded to directors of a business.
This was introduced under part 13 (sec281 - sec 361) which came into being when the Companies act 2006 was approved by Parliament on 1st October 2007
There are only two specific instances under which a limited company is legally required to hold an General Meeting (of which an AGM is considered to be a general meeting) - and I will refer to the specific paragraphs under the companies act to provide evidence of this.
s168 - where a director is dismissed from office before their term has finished
s510 - where an auditor is dismissed before their term has finished.
Furthermore there is no requirement to present the accounts at an AGM - so long as accounts have been provided to shareholders in advance - sec423 - sec425 of the companies act 2006
Although I concur that the company is required to hold an AGM under its articles this is not a legal requirement, and could be removed from the articles by a majority of shareholders with immediate affect.
All of the above is quite easy to find on the large accountancy and legal firms websites - so on that basis I will refer to them if that's ok
Re: Was there an agm Tuesday?
Robbo,Robbo wrote:Jack2
Firstly my degree was in Accountancy. I also studied law until I was 21.
You should not assume that as you put it a "greengrocer" does not have an Education. I think if you look Mr Fulton senior and Mr Wright both ran similar business.
I by no means intend to upset anyone or darken some ones name. I have been careful not to make this situation worse.
You maybe "almost" certain but I am looking at the bigger picture here.
Whilst the timeline appears confusing there are some questions that need answering.
Who signed a document in September that in effect could have ended the Tigers?
At that stage the loan was repayable upon demand. We clearly could not meet that demand.
So unless the BOD KNEW in advance that Ian Fulton and family would convert debit for equity, they were gambling with the survival of the club.
If the deal was done in advance why delay the AGM? To allow us to pay interest?
Finally you say .......clearly demonstrates your arrogance and ignorance to the corporate governance system.
I sit on two companies ,one as Chairman the other as a non-exc director so you can be assured I do understand corporate governance systems.
Regards
Robbo
I just don't feel the BOD have been open about this and the running of the AGM was a disgrace.
The banning of a shareholder from a AGM is unprecedented and one has to question why?
Having a degree in accountancy does not make you an accountant and doing a course in Law does not make you a solicitor, virtually all business people can navigate a balance sheet and know the basics of business law, anything more than that you get the professionals in, plus I did home economics at school for a term and I would hardly call myself a chef!
I would not put Jack Fulton quite in the greengrocer league if I am honest, he was a bit, no a lot more than that. RW well what can I say, the damage is there to see (he is more your league)
With regards to the document, I find it difficult to believe that any BOD would sign a document to in effect make the club trade insolvent, which is what would happen in this instant as the club would not have the means to repay the debt.
Regarding your claims to be on the 'board of two independent companies, that is not true or it is not lodged with companies house, perhaps you are the chairman of the local darts league or Neighbourhood watch program.
With regards to this banned director/shareholder, as I understand it they were banned from the club premises for reasons I couldn't careless about and since the meeting took place at the club, obviously they were not able to attend, hence the proxy vote. Should the meeting have taken place elsewhere off site then there would have been no problem in attendance, all of which was of his own doing. It is ironic that you seem to have found such an allegiance with each other when a couple of years earlier they would not have given you and others the time of day
Re: Was there an agm Tuesday?
You do understand that whatever you put will be wrong, since this guy did a law course 30 odd years ago! he should just admit defeat gracefully and say thank youSt Albans tiger wrote:Firstly let me remark that the way Robbo replies to people on this forum is quite frankly appalling - they way in which you tell people they are wrong without ever providing proper evidence is probably the reason why people dismiss your views as quickly as you dismiss theirs.
On the subject of fact (and apologies ahead of this its not a thrilling read):
All companies are governed by the Companies Act 2006 - which covers the articles of association.
Articles of association are a document which can be altered by shareholders of a company at any point in time - so long as they abide by the legislation laid down in the aforementioned companies act. The companies act can only be altered by a passing of law by the Government.
Ultimately the Companies Act is the top piece of legislation that governs companies within the UK
Under the Companies Act a limited company does not have to hold an AGM unless the companies opt to a passing of an amendment to the Articles of Association. IT IS NOT A LEGAL REQUIREMENT under the companies act. It is an option afforded to directors of a business.
This was introduced under part 13 (sec281 - sec 361) which came into being when the Companies act 2006 was approved by Parliament on 1st October 2007
There are only two specific instances under which a limited company is legally required to hold an General Meeting (of which an AGM is considered to be a general meeting) - and I will refer to the specific paragraphs under the companies act to provide evidence of this.
s168 - where a director is dismissed from office before their term has finished
s510 - where an auditor is dismissed before their term has finished.
Furthermore there is no requirement to present the accounts at an AGM - so long as accounts have been provided to shareholders in advance - sec423 - sec425 of the companies act 2006
Although I concur that the company is required to hold an AGM under its articles this is not a legal requirement, and could be removed from the articles by a majority of shareholders with immediate affect.
All of the above is quite easy to find on the large accountancy and legal firms websites - so on that basis I will refer to them if that's ok
Re: Was there an agm Tuesday?
This is what I saidSt Albans tiger wrote:Firstly let me remark that the way Robbo replies to people on this forum is quite frankly appalling - they way in which you tell people they are wrong without ever providing proper evidence is probably the reason why people dismiss your views as quickly as you dismiss theirs.
On the subject of fact (and apologies ahead of this its not a thrilling read):
All companies are governed by the Companies Act 2006 - which covers the articles of association.
Articles of association are a document which can be altered by shareholders of a company at any point in time - so long as they abide by the legislation laid down in the aforementioned companies act. The companies act can only be altered by a passing of law by the Government.
Ultimately the Companies Act is the top piece of legislation that governs companies within the UK
Under the Companies Act a limited company does not have to hold an AGM unless the companies opt to a passing of an amendment to the Articles of Association. IT IS NOT A LEGAL REQUIREMENT under the companies act. It is an option afforded to directors of a business.
This was introduced under part 13 (sec281 - sec 361) which came into being when the Companies act 2006 was approved by Parliament on 1st October 2007
There are only two specific instances under which a limited company is legally required to hold an General Meeting (of which an AGM is considered to be a general meeting) - and I will refer to the specific paragraphs under the companies act to provide evidence of this.
s168 - where a director is dismissed from office before their term has finished
s510 - where an auditor is dismissed before their term has finished.
Furthermore there is no requirement to present the accounts at an AGM - so long as accounts have been provided to shareholders in advance - sec423 - sec425 of the companies act 2006
Although I concur that the company is required to hold an AGM under its articles this is not a legal requirement, and could be removed from the articles by a majority of shareholders with immediate affect.
All of the above is quite easy to find on the large accountancy and legal firms websites - so on that basis I will refer to them if that's ok
Once again you are wrong. A company can opt out following the changes to the act in 2006.
However we voted to keep one and the key document is the AOA.
I have the up to date version should you wish to have them.
That's fairly clear under company law we decided to maintain the AGM.
I even mention the AOA.
SECOND POINT...........you mention
Furthermore there is no requirement to present the accounts at an AGM - so long as accounts have been provided to shareholders in advance - sec423 - sec425 of the companies act 2006
Accounts were not provided to Shareholders in advance of the meeting. A point I had mention via my solicitors to SG. They attempted to correct this by handing out copies of the "filed " accounts at the meeting.
Except they forgot !!
They did so when it was pointed out.
I have not really discussed in detail the meeting but to start any meeting you follow procedure.
Apologise and mins of the last meeting before taking any unresolved items from that meeting not on the Agenda.
We can go on for days about breaches of the 2006 act.
They failed to call the meeting in the 21 days allowed under my request for an EGM.
Don't forget they DID NOT CALL THIS MEETING.......it was forced upon them following a request for a EGM.
I however apologise if my style is sometimes abrupt and a bit quick but I am busy and frankly I wonder why I waste my time.
Truth is always best !
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