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Resolution HELP

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › Resolution HELP

  • This topic has 2 replies, 3 voices, and was last updated 10 years ago by MikeLittle.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • March 12, 2015 at 9:29 pm #232189
    ree
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Hi

    I am struggling with ordinary and special resolutions and the percentage vote required to pass these resolutions.

    kaplan states 75%+ for special resolutions
    bpp suggests 75% majority
    open tuition 75%

    so what is correct?

    I remember taking the last acca f4 cbe exam which i failed at 48% and a question came up about the special resolution and the options to choose from included 75% and 75%+.

    Hope somebody can help me!!

    March 13, 2015 at 8:42 pm #232311
    kim
    Member
    • Topics: 0
    • Replies: 3
    • ☆

    For special resolutions – a majority of not less than 75% of votes in favor is required. hope this help

    March 16, 2015 at 9:27 pm #232627
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Kim, that’s ambiguous!

    In a meeting attended by 100 members each having the same voting power of 1 share each and where they all vote, to pass a special resolution will need 75 (or more) to vote in favour

    Better?

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    Posts
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