Question

What is special and ordinary resolution? and what is included in them?
Replies (3)
Ordinary Resolution-Votes in favour should be more than votes against resolution(Means simple majority is enough), Special Resolution-Votes in Favour are not less than 75% of total votes.
ordinary resolution requires 50% majority
special resolution requires 75% majority

Where the requirement of Ordinary Resolution is prescribed in Companies Act, 2013, the resolution shall be passed by simple majority i.e. the at least 50% votes of members shall be casted in favour of the resolutions. Whereas in case of Special Resolution, the votes casted in favour of the resolution passed shall be at least 75% of votes casted.

The requirement of passing ordinary or special resolutions is prescribed in the concerned provisions laid down under Companies Act, 2013. Hence, one shall first refer the applicable section and act accordingly.

You may reach to CA/CS at LegalWiz.in for drafting of resolutions and required documents at affordable cost. Contact us at toll free number 1800 313 4151 or at support @ legalwiz.in. 

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