Company Resolution for a Loan

A resolution is a formal way in which a company can note decisions that are made at a meeting of company members. There are two types of resolutions: ordinary and special. Under the Corporations Act 2001, most of the decisions that affect a company need to be made by a resolution.

Special Company Resolution

Special Resolution Definition: … “Special Company Resolution means a resolution passed by a majority of not less than two-thirds of the votes cast by the shareholders who voted in respect of that resolution or signed by all the shareholders entitled to vote on that resolution.”

Company Resolution

A Company Resolution Agreement is a formal way in which a company can note decisions that are made at a meeting of company members. There are two types of resolutions: ordinary and special.

error: Content is protected !!