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The 2 developer directors want €1500 per month each to remain on as directors - amounting to about €300 per unit extra each year. I think we will have to go down the route of an Enforcement order.
Have you got a copy of your Management Company's Mems and Arts? If you have, check out the position of the Directors. A vast majority of the time it will state that they recieve no payment for acting as Directors. I'm sure you have but just to be sure you know that the Mems and Arts are the "rule book" by which your company operates (or should).
We have a copy of these for one management company but not the other. Would the owner have received this when the house was closed? How can a copy be obtained - would it be held by an owner's solicitor? We all have a copy of the Management Agents house rules - but I suspect these are not the same. Thanks
Have you got a copy of your Management Company's Mems and Arts? If you have, check out the position of the Directors. A vast majority of the time it will state that they recieve no payment for acting as Directors. I'm sure you have but just to be sure you know that the Mems and Arts are the "rule book" by which your company operates (or should).
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