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PFPeer Far6y ago
Hello Can you help me understand the concept what makes an ordinary resolution and a special resolution?
MikeLittleMikeLittleTutor6y ago#1
The clue is in the adjective A special resolution relates to a matter that is outside the ordinary day to day matters of a company whereas … … an ordinary resolution relates to ordinary everyday type of matters that face a company By (quasi) statutory definition, a special resolution is passed by a majority of not less than 75% voting in favour of a resolution at a meeting of which not less than 14 days notice has been given specifying the resolution as a special resolution An ordinary resolution is simply passed by a majority of votes in favour of the resolution OK?
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