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Ordinary resolution

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Ordinary resolution

  • This topic has 7 replies, 2 voices, and was last updated 2 years ago by MikeLittle.
Viewing 8 posts - 1 through 8 (of 8 total)
  • Author
    Posts
  • February 10, 2023 at 4:47 pm #678704
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Sir like every special resolution’s signed copy must be submitted to registrar
    Are their any ordinary resolution copy that needs to be submitted to registrar?
    If any kindly name 2 to 3 important for f4 exam

    February 10, 2023 at 6:47 pm #678705
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    A copy of any ordinary resolution that requires special notice needs to be sent to the Registrar – so you have 5 there!

    You’re not going to be asked a question in the exam that requires you to cite x number of ordinary resolutions that need to be copied to the Registrar

    NB The Exam F4 no longer exists.. 🙂

    Before you get too excited, it has been renamed and is now the Law exam.

    OK

    February 11, 2023 at 3:13 am #678744
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Sir like
    Removal of directors
    Removal of auditor

    February 11, 2023 at 8:24 am #678749
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    You have two right away!

    There’s also

    appoint an auditor to fill a casual vacancy
    confirm in appointment an auditor that was appointed in the mid-term to fill a casual vacancy
    appoint an auditor other than the retiring auditor

    But, of course, there are others such as a resolution to appoint a new director as well as every written resolution passed by the members of a privare company

    As I said in my previous post, you’re never going to be asked this!

    Check out this link if you feel the need for more resolutions that need to be copied to the Registrar

    https://www.herrington-carmichael.com/conducting-ordinary-resolutions/

    OK?

    February 11, 2023 at 10:34 am #678753
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Thank you very much sir!!!!!

    Sir kaplan textbook states that

    Any contributory who petitions for compulsory winding up must prove that the company is solvent
    Also if a company is insolvent then contributory is not entitled to petition

    Is it true??

    February 11, 2023 at 1:48 pm #678761
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    Yes! It seems a bit perverse that a member / members should want to put their solvent company into voluntary liquidation! I mean … WHY!!!!

    But there are reasons.

    Check this link – it’s a(n relatively) easy read

    https://www.irwin-insolvency.co.uk/complete-guide-to-members-voluntary-liquidation-mvl/

    OK?

    February 11, 2023 at 2:52 pm #678762
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Thanks sir

    February 11, 2023 at 4:15 pm #678767
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23303
    • ☆☆☆☆☆

    You’re very welcome 🙂

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