WebThe chairman may take part in the discussion, and if the parties are irreconcilable he may be unwilling to give a casting vote. From the Hansard archive Some members of … WebJun 10, 2016 · Deadlock is the ground pleaded. The petitioner asks the court to wind the company up as, having explored alternatives, it is clear that the company cannot continue in deadlock. The petitioner...
Casting Vote Sample Clauses: 150 Samples Law Insider
WebJul 6, 2024 · Avoid structural deadlock: A 50: 50 JV model is a conceptually flawed model and invariably leads to a deadlock. Right from day one, the structure itself is inherently … WebIf the Directors shall be unable to agree upon such an unrelated third party to resolve a deadlock or impasse, any Director may petition the Common Pleas Court of Cuyahoga … the guns of navarone 123movies
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WebDeadlock Unless otherwise expressly set forth herein, in the event the Members are unable to reach agreement on or make a decision with respect to any matter on which the Members are entitled to vote, the matter shall be subject to the Internal Dispute Resolution Procedure described in Article 13 hereof. WebJul 1, 2024 · When there are more than two shareholders, a chairman deadlock clause gives one shareholder the power to become … WebIn short, the shotgun clause operates as follows (taking the basic scenario where there are only two shareholders): If a deadlock occurs and the parties are not able to resolve the … the barn and pinn cottage sidmouth devon