Similarities between ordinary and special resolution
Answers
Answer:
Ordinary resolution passed by the numbers of the company by a bare majority. while in special resolution it is affirm by four three majority by the company members. An Ordinary Resolution handles the standard actions typically associated with running a business.
Explanation:
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Answer:
Similarities between ordinary and special resolution are followed:
Explanation:
An ordinary resolution may refer to a resolution, passed by the partners of the company by a bare majority. On the other hand, A special resolution is a resolution, that is declared by the members of the company by the three-fourth majority.
In a company, the items of business to be transacted at a General Meeting, are presented as motions. The ‘motion’ means a proposal put forward, for discussion and adoption at the meeting. If the motion is approved one and all, by the members present at the meeting, it is called a resolution. There are two types of resolution, which is needed to be clear and passed in different situations, they are Ordinary Resolution and Special Resolution.
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