Can a Company's AOA specify convertion of Ordinary Resolution to Special Resolution requirement?
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Quick Summary
This discussion explores whether a company's Articles of Association (AOA) can legally require an Ordinary Resolution (OR) to be treated as a Special Resolution (SR). While AOAs cannot override statutory requirements, the consensus is that specifying a higher threshold, such as requiring an OR to meet SR criteria, is permissible. This means a company can choose to make certain decisions require a more stringent voting threshold than the law strictly mandates.