30 March 2012
Please explain the meaning of section 192(4)(b) AS "resolutions which have been agreed to by all the members of a company, but which, if not so agreed to, would not have been effective for their purpose unless they had been passed as special resolutions" of Companies Act 1956.
30 March 2012
Dear friend, Special Resolution is one , which is passed by 3/4 majority of votes or by all members of the company. This is for Special Business purpose and required approval of 3/4 majority.
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