MGT 14 for ordinary resolution

Others 259 views 1 replies
does mgt 14 have to be filed for ordinary resolutions also?
and what does the extract
"Any resolutions or agreements which is required to be passed by a specified majority or in a particular manner to make effective. However, such resolution is agreed to by any class of members. Further, all resolutions or agreements which effectively bind such class of members though not agreed to by all those members;"
mean?
Replies (1)

YES. it may be required to be filed for ordinary resolution also

There are certain resolution need requisite majority like appointment, re-appointment or renewal of the appointment, or variation of the terms of appointment, of a MD, Buy back of securities, To approve financial statement and the Board’s report (not for pvt. companies) etc also need to be filed. 


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