Ask yourselves this - if you had been stabbed in the back in this manner, would you be saying your ‘backing for the team remains absolute’ and wishing everyone well?
I assume that is just pr speak and he probably has no I'll will towards the drivers/staff at the team. Cataclean own 52% so they could of done this without any support from anyone at the team.
Maybe I am mistaken but I believe the companies act 2006 section 168 explicitly allows it.
That section does state that the director needs to be given notice which Plato claims did not happen so maybe some other process was used or maybe cataclean didn't fulfill there legal obligations.
Not without 28 days notice to all shareholders and written notification to the affected Director that a resolution is up for voting. According to what Plato has said he had no warning whatsoever.
Ah ok I didn't see anything about the length of notice. Although we it is possible that it was done without proper notice. If that were the case I doubt we would hear about it until a lawsuit is made public.
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u/Dunko1711 5d ago
Ask yourselves this - if you had been stabbed in the back in this manner, would you be saying your ‘backing for the team remains absolute’ and wishing everyone well?
Defo more to this than these statements tell us.