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Is the information not disclosed at an AGM please?
Yes, it is Board practice to present the accounts at the AGM and discuss any specific spend / projects at that time
Ok - normally information is presented at an AGM and there are questions and answers
Its the same as if it were an AGM for M&S
When you say what rights, what in particular do you want?
I am a Board member of the Club and we have one rather difficult member who is demanding financial information on a regular basis and before any AGM - he has argued that as a member, he has full "rights" to such
Not unless he calls an EGM or there is a term in your constitution that allows this
Imagine the M&S example
Would a shareholder be entitled to detailed information beforehand, probably not
Can I clarify anything for you about this today please?
OK, so to summarise, a member who has paid his Club fees, taken part in Board electiions and will definitely attend the AGM, will have no rights to see ongoing financial infirmation in advance of that AGM unless he calls and EGM or our Memo and Arts allow such access - is that an accurate summary of the position please ??
Very well put
Does this answer your question today please?
Yes it does and many thanks for your help
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