directors / share holder

[goughy]

can a share holder over rule a directors vote in a company meeting

family buisness , 2 families ,

directors 5
share holders 5

one family have 3 directors and 2 share holders
other family have 3 share holders and 2 directors


do either family have upper hand .

thanks

[Brisheff]

I'm new in business where directors are involved, but the way I understand it is; Company Members/Shareholders can outvote any director, simply because the members/shareholders own the company, not the directors.

Directors are elected at the Annual General Meeting by the members/shareholders to run the company on their behalf.

Directors are employees of the company.

I do hope this is of help and answers your question.