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Majority of resolution

Dhaval Master (Practicing Company Secretary) (125 Points)

24 September 2012

What is Majority of Shareholders/Board of Directors for Passing Special or Ordinary Resolution.

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4 Replies

Simranjeet Singh (Proprietor at S Simranjeet & Associates Company Secretaries) (4396 Points)
Replied 24 September 2012

with regard to shareholders meeting

Ordinary resolution is that when no of votes casted in favour exceed in comparison with against

Special resolution is when the votes cast in favour of the resolution are not less than three times the number of the votes, if any, cast against the resolution by members so entitled to voting.

with regard to board meeting

there is no such ordinary and special resolutions are there....... in this case the resolution passed by board members are called board resolutions..

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CS. DISHA SHAH (Properitor of D. M. SHAH & CO. COMPANY SECRETARY) (394 Points)
Replied 24 September 2012

Hello Dhaval ji,

For, Ordinary Resolution - 50-50

Special Resolution - 3:1

and other For Board Resolution 50-50.

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*RENU SINGH * (✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ ) (21627 Points)
Replied 25 September 2012

Originally posted by : simranjeet singh
	with regard to shareholders meeting Ordinary resolution is that when no of votes casted in favour exceed in comparison with against Special resolution is when the votes cast in favour of the resolution are not less than three times the number of the votes, if any, cast against the resolution by members so entitled to voting. with regard to board meeting there is no such ordinary and special resolutions are there....... in this case the resolution passed by board members are called board resolutions..

Agreed completely...........

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CS Ankur Srivastava (Company Secretary & Compliance Officer) (17853 Points)
Replied 26 September 2012

Originally posted by : simranjeet singh
	with regard to shareholders meeting Ordinary resolution is that when no of votes casted in favour exceed in comparison with against Special resolution is when the votes cast in favour of the resolution are not less than three times the number of the votes, if any, cast against the resolution by members so entitled to voting. with regard to board meeting there is no such ordinary and special resolutions are there....... in this case the resolution passed by board members are called board resolutions..