Joe Joe sing wrote:Deadlocked. ...u can't. .... although you can win on a 'show of hands' , upon the demand of a poll, you two will be deadlocked. Any deadlock mechanism?
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Sorry Joe,
Will be great that you can elaborate more about the quorum on show hand and quorum on paper meeting ? How can it passed on " show hand method "?
As mentioned by Mr Eagle, quorum is based on number of share, will the scenario be change if we able increase shareholding ( with the consent of all existing shareholder ) to become majority shareholding ?
But question now is how to define majority shareholding ? More than 1% ?