Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Special Business
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MikeLittle.
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- July 16, 2015 at 1:37 pm #260910
This is in the Global notes, I believe that this falls under an ordinary resolution.
However I am unsure as to what you would class as special business.
I have two examples from one of your questions in the mock test:re-appointment of a director who passed her 72nd birthday last March
appointment of a new, different firm of auditors
Are there anymore examples that I need to be aware of?
Also this specific question refers to a public company’s AGM. Does the same apply for a private company/partnership? Can these decisions be passed at a general meeting as well as the annual?
Thanks
July 16, 2015 at 2:21 pm #260918The annual general meeting IS a general meeting – hence the name.
Resolutions can be passed at any general meeting of the company to which all shareholders are invited
“Special business is any business that isn’t ordinary business” so if you look at the course notes for meetings and resolutions you’ll find the list of matters designated as “ordinary business” and anything else is therefore “special business”
Ok?
July 16, 2015 at 2:59 pm #260930Oh I see! That is simple enough to do. Thanks for making this clear.
July 16, 2015 at 3:33 pm #260934You’re welcome
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