Mean of this
Sumalatha Donta (1 Points)
27 September 2021ordinary resolution
board resolution
Sumalatha Donta (1 Points)
27 September 2021
Rama chary Rachakonda
(Master in Accounts & high court Advocate)
(8516 Points)
Replied 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.
Ajit Prasad
(34 Points)
Replied 27 September 2021
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