What is Board Resolution?
Are Ordinary resolution and Board resolution same thing?
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Board Resolution
Replies (3)
Board resolution means a resolution which is approved/passed in only board meeting by BOD.
An ordinary resolution means a resolution which is approved/passed by shareholders with at least 50% favourable voting in shareholder meeting.
So, board resolution and an ordinary resolution both are the are the different things.
An ordinary resolution means a resolution which is approved/passed by shareholders with at least 50% favourable voting in shareholder meeting.
So, board resolution and an ordinary resolution both are the are the different things.
Ordinary resolution is passed by Shareholders in General Meeting more than half in favour against decent vote.
Board resolution is passed by Directors in board meeting by simple majority.
Both are different.
Board resolution is passed by Directors in board meeting by simple majority.
Both are different.
Okay... Thank you so much..
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