What happens if...

[Ian der Laan]

... the rest of the board resign en masse?

[robf]

This is from another website:

 

"Can all the directors of a company resign en-masse and what are the implications?

 

Yes it's called voluntary liquidation, a business with no directors would no longer be trading."

 

So, we don't want that to happen!

[Jimmy]

This is from another website:

 

"Can all the directors of a company resign en-masse and what are the implications?

 

Yes it's called voluntary liquidation, a business with no directors would no longer be trading."

 

So, we don't want that to happen!

 

But could they hand it over en-masse to a Interim Board......

 

 

And then check the books and nail the *******s afterwards..

[Robbie Earle's Perm]

But could they hand it over en-masse to a Interim Board......

 

 

And then check the books and nail the *******s afterwards..

 

They can't as any interim board member would have to be voted on by shareholders.

 

Besides I want these ****ers to be the ones to send us into admin.

[Ian der Laan]

This is from another website:

 

"Can all the directors of a company resign en-masse and what are the implications?

 

Yes it's called voluntary liquidation, a business with no directors would no longer be trading."

 

So, we don't want that to happen!

 

Sounds too simple, doesn't it?

[Jimmy]

They can't as any interim board member would have to be voted on by shareholders.

 

Besides I want these ****ers to be the ones to send us into admin.

 

But they require an additonal member ..........

[Valiant Rising]

Sounds too simple, doesn't it?

 

Sounds scary to me.

[Ian der Laan]

Sounds scary to me.

 

Scarily simple! Surely these cretins haven't got the power to do **** us over so easily?

[the_tench]

But they require an additonal member ..........

 

bratts a ****in member....a useless ****in member !!!!:angry:

[Eric Cartman]

They can't as any interim board member would have to be voted on by shareholders.

 

Yes? Surely the shareholders would vote them on?

[werstayinup]

But they require an additonal member ..........

 

Every one of them has an additional member Jimmy,smack bang in the centre their forehead.

[Warren]

If board members resign replacements must be elected. The company secretary / chief executive would have to arrange for that to happen. The obvious risks are that not enough people will stand or the process, racing with a Statutory Demand leading to Winding Up Order etc, is not quick enough.

 

For me the Council if it is to help the club must remove the current board and that should happen by facilitating administration. If the board members resign now and prevent that what is likely to happen is receivership and such a person will be particularly ruthless in looking at their whole conduct. That won't help the club much of course.

[dave8509]

bratts a ****in member....a useless ****in member !!!!:angry:

 

You might not like this but If Bill Bratt was still Chairman I dont think we would be in this mess.

 

Perhaps the same financial position be but whether you like him (as most on this site would confirm) or not Bratty would have handled this better. The tax man only issues "winding up orders" when all else fails so I suspect that this was a last resort because no one was talking to them in recent months. This tax bill must be an accumalation over a very long period if it is £750k as we are led to believe.

 

I think Miller has accellerated our demise by total mis management of a very serious situation aided possibly unwittingly by by his right hand man.

I just hope that it ALL comes out in the wash eventually.

[werstayinup]

You might not like this but If Bill Bratt was still Chairman I dont think we would be in this mess.

 

Perhaps the same financial position be but whether you like him (as most on this site would confirm) or not Bratty would have handled this better. The tax man only issues "winding up orders" when all else fails so I suspect that this was a last resort because no one was talking to them in recent months. This tax bill must be an accumalation over a very long period if it is £750k as we are led to believe.

 

I think Miller has accellerated our demise by total mis management of a very serious situation aided possibly unwittingly by by his right hand man.

I just hope that it ALL comes out in the wash eventually.

 

Maybe so,with yet another LOAN from somewhere as that is all this board and the past board could do,in 9 years what big investment did any of them bring in?

[cheeky]

You might not like this but If Bill Bratt was still Chairman I dont think we would be in this mess.

 

Perhaps the same financial position be but whether you like him (as most on this site would confirm) or not Bratty would have handled this better. The tax man only issues "winding up orders" when all else fails so I suspect that this was a last resort because no one was talking to them in recent months. This tax bill must be an accumalation over a very long period if it is £750k as we are led to believe.

 

I think Miller has accellerated our demise by total mis management of a very serious situation aided possibly unwittingly by by his right hand man.

I just hope that it ALL comes out in the wash eventually.

 

You're still trying to defend Bratt?!? Unbelievable!

 

Bratt employed Deakin. Bratt was the one who bought Ameriturf to the table, a deal brokered by Peter Miller. Bratt was the Chairman when Mark Caitlin, Mike Newton and Mo Chaudry were turned down when offering to invest in the club. Bratt was chairman when the Harlequinn loan was taken out. Bratt took a salary of £50k per annum out of the club whilst failing to trade profitably. Bratt, at the first whiff of trouble sold his shares and recouped his outlay even though he said he would never do this. Bratt oversaw our fall down the leagues.

 

What good did he do for the club?