- This topic has 1 reply, 2 voices, and was last updated 2 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Need help
Hello
Can you help me understand the concept what makes an ordinary resolution and a special resolution?
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?