1. |
Uphold Campbell's decision to
decertify AGM's election results. |
2. |
An order to allow the
corporation to reconvene the AGM to hold a new election to elect two
directors. |
3. |
An injunction preventing Amina
and Sandeep from acting as directors until the AGM has been held. |
4. |
An injunction demanding that
management follow the three remaining director's instructions. |
5. |
Damages of $75,000. |
6. |
If necessary an order making the
original five directors parties to this application. |
7. |
Respondents pay the costs of the
application on a substantial costs basis. |
• | YCC 42 has been properly
governed by a Board of Directors up to the AGM. The Board have been
instrumental in taking YCC 42 from a negative financial position to a
positive financial position of approximately $2 million in a relatively short period of time of approximately one year. |
• |
Sandeep, Amina and the property manager are creating a situation of confusion as to who are the Directors of YCC 42 |
• | the respondents were interfering with the corporation's account with BMO and the applicants are concerned that Amina and Sandeep would spend the corporation's assets. |
• | Sandeep and Amina have caused
the property manager, Mary Kahn to be forced out and Vista Property Management be appointed as the Property Manager of YCC 42. |
• | Contestants at the elections,
Ataul Malick and Mohammed Nizamuddin are claiming that they are the winning candidates for the two director positions and as such they should be on the Board of Directors despite the finding of fraud by the Chairman. |