i want to know that what is the difference between ordinary resolution and special resolution?When they come in practicle?
Difference between ordinary and special resolution
GAURAV SINGH (Managing Director) (99 Points)
22 September 2013GAURAV SINGH (Managing Director) (99 Points)
22 September 2013i want to know that what is the difference between ordinary resolution and special resolution?When they come in practicle?
CA girl
(Article Trainee-CA Final)
(1942 Points)
Replied 23 September 2013
Hey, An ordinary resolution requires the consent of atleast 50% of the members present whereas a special resolution requires the consent of atleast 75% of the members present to be passed. You can refer the companies act to know which of the items require a special resolution and which are the one's that require an ordinary resolution.
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 23 September 2013
Originally posted by : Divya Barathi | ||
Hey, An ordinary resolution requires the consent of atleast 50% of the members present whereas a special resolution requires the consent of atleast 75% of the members present to be passed. You can refer the companies act to know which of the items require a special resolution and which are the one's that require an ordinary resolution. |
Agree...........
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 24 September 2013
In addition to above...........
Ordinary resolution is passed to adopt the ordinary business of the organisation
viz. appointment of auditors, appointment of directors, adoption of financials and declaration of dividend
Special resolution is passed to take into consideration the special business which is nothing but business other than Ordinary business.
Nitheesh
(Partner in VBNK & Co.,)
(43 Points)
Replied 08 March 2017
What.....???
Have you read and replied to this... there are so many transactions that ordinary resolution can be passed for Special Business transactions.
Dont just blindly reply whatever you know..