Other Info1....the AGM or special AGM need not be physical, under certain conditions which will require only modest costs
2...all costs to requisition a special AGM by qualifying group of shareholders holding 5 % of more of shares will be reimbursed by the company
Regulations have been recently tightened up in Canada and elsewhere so that shareholders..who own the company..can legally dissent to management actions.
There are rules to follow to ensure that frivolous or personal grievance issues are avoided.
The ongoing Australis ( v. AUSA ) shareholder challenge is an excellent example of such a challenge