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resolutions

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › resolutions

  • This topic has 3 replies, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 28, 2018 at 12:24 pm #444017
    khanumishq
    Member
    • Topics: 46
    • Replies: 21
    • ☆☆

    I have alot of problem in resolutions.

    1)Which two of the following resolutions passed at a PLC’s AGM are classed as a special business?
    A. Authorising the directors to issue more shares
    B. Re-appointment of a director (retiring by rotation) who passed her 65th birthday
    C. Reduction of dividend proposed by directors
    D. Appointment of a new director

    2)When a PLC wishes to pass a special resolution at an “other general meeting”, how many days notice should normally be given?
    A.28
    B.7
    C.14
    D.21

    why is the answer not 14?

    March 28, 2018 at 5:40 pm #444037
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    1) A and D

    2) Because general meetings require 21 days’ notice?

    March 28, 2018 at 8:16 pm #444050
    khanumishq
    Member
    • Topics: 46
    • Replies: 21
    • ☆☆

    when a plc wishes to pass an ordinary resolution at ‘other general meeting’ to appoint a director, how many days notice should normally be given?
    a.7
    b.21
    c.14
    d.28

    why 14 days in this general meeting then?

    March 29, 2018 at 7:58 am #444077
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    I can’t help feeling that the answer to your original question should be 14 as you have suggested

    It USED to be 21 days notice for a special resolution but that time period has been reduced to just 14 and an “other” general meeting requires only 14 days

    So the answer to that second part of your original post should be “I don’t know why the answer that is printed suggests anything other than 14”

    Is that better for you?

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘resolutions’ is closed to new replies.

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