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Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you - I am a company law expert. The simple answer to your question is yes they would have to abide by the members' will assuming that at least 75% of the members, entitled to vote at a valid meeting, voted in favour of repealing this rule. Ultimately this rule is part of the company constitution and articles of association and to amend the articles of association you need a special resolution (75% of the voting members voting in favour). If the directors refuse to call a meeting, then you would have to force an EGM under the Companies Act 2006 S 303. I would also bare in mind the directors must act within the powers contained in the company constitution - in doing this they cannot use this as a justification to unfairly prejudice members of the company as per S994 of the Companies Act 2006. Does the company have a separate members agreement?