Murray was a member of a group of shareholders who took Rangers to the Court of Session in Edinburgh last month to stop the AGM being held.
The businessman will now have his name put forward forward, along with Paul Murray, Scott Murdoch and Alex Wilson, for election to the club board when the AGM is held.
However, no alternative date has so far been set for the meeting by the two remaining Rangers directors, James Easdale and Brian Stockbridge.
Murray today revealed that major shareholders have complained about the delay to the Glasgow club's nominated advisor, Daniel Stewart.
And he stated that Rangers face criminal charges and having their shares suspended if they fail to arrange the AGM before the end of the next month.
He said: "Three weeks ago today, the highest commercial judge in the land ordered that what remains of the current board to put the nominations of the four of us, myself, Paul Murray, Alex Wilson and Scott Murdoch, on. If they didn't it was illegal.
"We are now three weeks on and it has not been done. No-one understands why. It seems it is just obfuscation and wasting time. There is no reason why.
"I can tell you for a fact that major shareholders have complained to the stock exchange, to Daniel Stewart, the nominated adviser, and many of them have had no answers so far whatsoever."
Murray added: "The paperwork was all done for an AGM therefore there is no reason for a hold up.
"The really big stick that could still be used, but that we don't want to do because it costs the club money and we don't want to waste the club's money, is that some of the big shareholders could still call what is called a general meeting.
"That forces the club to do it. If the club are thinking it is venues and costs there is a very rich fan who has offered to stage the thing at any of Glasgow's major venues of which there are many, the new Hydro, the SECC.
"I don't see any chance that the AGM will not go ahead. If an AGM was not to happen I think it would be a criminal offence and the shares would be suspended."