Can a majority of shareholders at a company's annual general meeting dictate to the directors?

The Arbitrator’s decision was based on an interpretation of leading business law principles. Paragraphs 6 and 7 of the decision state: 6. ...the law at present in Canada as stated in Teck Corp v. Millar 1972 CanLII 950 (BC SC), [1972] BCJ No. 566 (BCSC) at 83: “The directors’ power to manage the affairs of the company is complete. That is, a majority of shareholders, even if they pass a resolution at a general meeting, cannot dictate to the directors...The directors are not the agents of the shareholders. Once given power to manage the company they can exercise that power according to their best judgment, until removed from office...” 7. In my view, those old rules remain in force today, and that should be an end to this matter. I therefore dismiss the application.