company law
This query is : Resolved
21 October 2016
differnce between ordinary resolution n special resolution
22 October 2016
According to section 114 of the companies act 2013, a resolution is said to be an ordinary if vote cast in favour of resolution exceeds the votes cast against the resolution by the members.
it requires simple majority.
a resolution is said to be special if it is duly specified in the notice calling general meeting of the company and vote cast in favour is 3 times the vote cast against the resolution.
75% majority is required of the members present and voting. special resolution is required to be filed in ROC in form MGT 14 within 30 days of passing resolution
it requires simple majority.
a resolution is said to be special if it is duly specified in the notice calling general meeting of the company and vote cast in favour is 3 times the vote cast against the resolution.
75% majority is required of the members present and voting. special resolution is required to be filed in ROC in form MGT 14 within 30 days of passing resolution
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