special resolution
ordinary resolution
board resolution
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Mean of this
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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.
Special resolution means total votes in favor must be 3 times vote in against.
OR, total voting power more than 50%
OR, total voting power more than 50%
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