The Board of the Development Trust has taken the decision to postpone the EGM scheduled for Sunday, 23rd August 2020.
This decision has been made as a result of an email sent to the chair threatening the trust with an interdict to prevent any meeting in any form until matters the complanant is unhappy with are resolved by a court.
The board has not done anything which justifies this action.
However, the board has concluded that the trust should not pay legal fees to ensure that it is notified if and when an interdict is granted. Therefore, taking a precautionary stance, we will no longer convene any meetings, including next Sunday’s EGM in case an interdict has been granted.
The full text of our notification to the members of the trust is available below.