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Hi Mike,
Types of resolutions and businesses are so confusing for me. Can you please help me differentiate and remember the details about ordinary and special resolutions, different minimum notice days and ordinary and special business.
Until now all I have been able to remember is that to appoint and remove an auditor or a director, ordinary resolution with a special notice is needed.
One more question please, just came to my mind. What is the difference between “Volenti non fit injuria” and “Contributory negligence”
Thank you
Volenti is where you are aware of the risk but voluntarily still go ahead. Then, sadly, you are injured ….. but you were aware of that possibility and you still went ahead. This does not necessarily involve the negligence of any other party
Contributory negligence is where you are injured by someone else’s negligent action but the extent of your injuries is greater than it might have been because of some action of your own that has made it worse.
As for resolutions, why not write a little table out for yourself with headings such as:
Type Majority Days notice Two examples when needed
Then fill it out for Special, Ordinary, Ordinary with special notice
Do the same for meetings (AGM, OGM and Class)
That should do it for you…… then read your tables every day, twice a day until you’re reading them in your sleep
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