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.”
The Difference Between an Ordinary Resolution and a Special Resolution. An ordinary resolution is refers to a resolution, passed by the members of the company by a bare majority. … There are two types of resolutions, which is needed to be passed in different situations, they are an Ordinary Resolution and Special Resolution.
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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. … Additionally, a company’s constitution may have its own rules about what decisions need to be made by resolution.