So, the West Somerset Railway Association (WSRA) is heading for an EGM.

A deputation of WSRA members, calling themselves the ‘Reform Group’, visited the registered office of the WSRA at noon on 8 April 2015 and presented a request for a general meeting of members to decide on five specific resolutions. The request was accompanied by 400 forms in support of the resolutions, each form signed by a WSRA member, as required.

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The WSRA is now bound by law to arrange the general meeting (popularly known as an extraordinary general meeting or EGM) within the defined timescales.

Whilst members wait for the official paperwork to be provided, details of the resolutions can be viewed at www.wsra-action.org along with other documents.

When the official paperwork is issued to the membership (it must be issued within 21 days of the presentation) we hope it will include a full justification for each resolution from the requestees and a detailed position statement on the resolutions from the WSRA trustees. Then we will write again to this blog with some thoughts and comments along with questions for the membership to consider.

For avoidance of doubt, the Companies Act suggests WSRA must call the meeting “within 21 days from the date on which they become subject to the requirement” and then hold the meeting and “on a date not more than 28 days after the date of the notice convening the meeting.”

The Reform Group say “Today, 8 April, we presented 400 selected forms from the nearly 900 we now hold to the WSRA Registered Office at Bishops Lydeard, along with a ‘letter of request’ for the EGM to be held. We have to say a massive, massive THANK YOU to all those who are supporting the call. Legislation under the Companies Act determines that the EGM must follow in a 14 to 49 day window after we present our letter of request and the supporting forms. What this means is that the EGM should be held between late April and late May, allowing, if the motions are carried, the air to clear, and a reformed and supported WSRA to move forward at the 2015 AGM in July.”

The Chairman of the WSRA Trustees has today agreed to provide a statement. It starts with “Association Secretary Susan Kaufman confirmed receipt of a members’ request to convene a General Meeting. ‘The next step is to fully verify all of the names and membership numbers. Once we have done that, the date of the General Meeting will be announced. The process will be carried out strictly in accordance with the Association’s Articles and following advice given by our legal representatives.'”  Read the full statement.

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