At the recent Annual General Meeting (AGM) of Acme Corporation, the board of directors informed the shareholders that, given the current trade war between China and the United States, the company was closing its factory in China, and moving operations to Taiwan. The shareholders objected and quickly passed a resolution of 80% votes in favour of retaining the operations in China. The directors told the shareholders that they would ignore this resolution. Enraged, the shareholders passed another resolution, again with an overwhelming majority, to remove the board of directors. The directors said they would also ignore this resolution as well.

Discuss if the board of directors can ignore both resolutions passed by the shareholders.