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Good news - the Guernsey law on fraud is the same as the UK one -
https://www.guernseylegalresources.gg/laws/guernsey-bailiwick/c/crime-and-criminal-justice/others/fraud-bailiwick-of-guernsey-law-2009/
Disclaimer - I am not a legal expert and this is not legal advice, it is merely chit chat - but you all knew that.
A quick search found this -
https://assets.publishing.service.gov.uk/media/5e398990e5274a08e229ca0f/crown-dependencies-factsheet-february-2020.pdf
Thanks Harrogate4, but does UK law apply in Guernsey? I don't know.
Harrogate4
If you publish what was sent I for one will adapt and re-send!
Thanks
MB
I have written to the Court too. Not sure how much of an impact it will have, but the lack of communication from Shanta over such an important vote seems very poor indeed and may have a significant impact on the outcome of the vote.
Interesting. Interactive Investor is stating the deadline is a day later. I'll vote today to be on the safe side. I've also written to the Court.
NEED TO VOTE EARLY
Just checked AJ Bell and got the following message:
Shanta Gold Limited - Urgent response required by 21/03/24 - Court Meeting (update)
Simple enough to re-vote.....dont chance not re-voting as it feels like those Patels are upto no good again!
2WM
And I meant to add, vote NO again of course just to be sure.
NoelShemsky's helpful recent postings on what legally constitutes Fraud may be useful to board members, for whom the situation is not hearsay in that they have now been directly approached by their brokers and invited to vote again for something they thought they had already voted for. No intervening explanations have been received from Shanta, BOD or Noninated Advisor.
I am contacting both Aim regulation and the Guernsey Court ( court.reception@gov.gg) to complain citing Sections 4(1) and 4(2) of the Fraud Act 2006 which ( as Noel has pointed out) deal with duties of persons who have safeguarding duties to not act against the financial interest of others ( SHs for example), or omit to properly inform SHs as to voting procedures for example.
I would strongly suggest others also air their complaints about this shabby episode with the court as it's volume of complaints that counts. Time is running out.
I've received the same message on Interactive Investor. The only information is 'Court Mandated Meeting', voting is due by the 22nd and the information is on the company site. If the rule is to still to count votes on the percentage who bother to vote, then we need to vote again.
Kipperfoot - "my previous no vote is in" - are you sure? If they are holding the vote again, it might invalidate the previous votes. Best to vote again to be certain of giving a No vote..
I suspect (just a feeling, no evidence) that this is the sort of skulduggery I alluded to in a previous post. They might be hoping that the PI "No" voters will think "I've already voted, I can't be bothered to vote again".
I'm also with ii and have just gone ahead and voted no a second time,not sure what the 'Patel' plan is above confusing investors into not voting, only takes a minute to vote NO.
I have just got a BIG flashy e-mail asking me to vote again from interactive investor, but i will not be doing it. my previous no vote is in, and if there have been no alterations to the previous proposals, then surely it still counts. it smacks of desperation, because they obviously failed with the last vote, buyers have been snapping up any shares for sale, and perhaps there will be a different slant on the results....or more impotantly...do we HAVE to vote again, oh, and what do abstentions count as?