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Mean of this

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Sumalatha Donta

1 Points Posted on 27 September 2021

special resolution
ordinary resolution
board resolution

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Quick Summary

This discussion clarifies the different types of resolutions used in company meetings. An ordinary resolution requires a simple majority vote, while a special resolution needs a higher threshold, typically 75% support or three times the votes against. A board resolution is a formal written record of decisions made by the board of directors.

Rama chary Rachakonda

Master in Accounts & high court Advocate

9620 Points Posted on 27 September 2021

Ordinary Resolution is one in which the general meeting requires a simple majority to move the resolution. Special resolution means a resolution that needs a clear majority to approve the resolution at the general meeting. On the other hand, the special resolution needs at least 75% support for the resolution.

A board resolution is sometimes also called a corporate resolution. It's a formal document that solidifies in writing important decisions that boards of directors make.