asked 83.6k views
1 vote
Would a shareholder be permitted to propose at a special meeting a matter to address a personal grievance?

asked
User Hywak
by
8.1k points

1 Answer

2 votes

Final answer:

Shareholders are not usually permitted to propose matters to address personal grievances at special meetings; proposals should be relevant to corporate interests.

Step-by-step explanation:

Shareholders in a corporation have certain rights regarding the proposal of issues for consideration at shareholder meetings. However, the ability to introduce a matter at a special meeting to address a personal grievance is generally not permitted. Corporate governance policies and bylaws typically restrict proposals to matters that are relevant to the interests of the corporation as a whole, rather than individual personal grievances or interests. The proper process for addressing personal grievances typically involves private resolution methods or, depending on the nature of the grievance, legal action outside of the corporate governance structure.

answered
User Ginpei
by
8.1k points
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