Resolutions - meetings and resolutions, Business Law and Ethics

Assignment Help:

Resolutions:

A meeting reaches a decision by passing a resolution.  There are two kinds of resolution, ie.

(a) an ordinary resolution which is carried by a simple majority of votes cast.  Where no other kind of resolution is specified "resolution" means an ordinary resolution; and

(b) a special resolution which requires both a three-quarters majority of votes cast and 21 days notice: (s.142).

Apart from the utilized size of the majority and period of notice the main differences between the types of resolution are:

A. the text of individual resolutions must be set out in full in the notice convening the meeting (and it must be described as special resolution): CA s.142.  This is not necessary for an ordinary resolution if it is ordinary business; and

B. a signed copy of every special resolution (and equivalent decisions by unanimous consent of members) must be delivered to the registrar for filing.  Some ordinary resolutions, particularly those relating to share capital, have to be delivered for filing but many do not.


Related Discussions:- Resolutions - meetings and resolutions

Explain international criminal law, Normal 0 false false fa...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Define the subordinate legislation briefly, Define the subordinate legislat...

Define the subordinate legislation briefly. Subordinate legislation: • Regulations: It directly applicable and self-executing, no require for member state to create own

Tort law and employment law, Tort law and Employment law: Pat, a build...

Tort law and Employment law: Pat, a builder, is an employee of Tom's. One day on site the scaffolding that Pat is standing on collapses and he suffers personal injuries. The s

Dissolution by the court, Dissolution by the Court Conversely Section 39...

Dissolution by the Court Conversely Section 39 of the Act prescribes the state of affairs that the court will decree the compulsory dissolution about a partnership. They are: li

What do you understand by business ethics, QUESTION 1 (1) What do you u...

QUESTION 1 (1) What do you understand by business ethics? (2) How can an ethical climate be improved in an organization? QUESTION 2 Explain the importance of stakeho

Article 2 - state responsibility, Article 2 - State Responsibility Art...

Article 2 - State Responsibility Article 2 . This article lists down the elements of what constitute International wrongful act of a state. Means both wrongful acts and omissi

Jurisdiction - court of appeal, Jurisdiction - Court of Appeal Howev...

Jurisdiction - Court of Appeal However S.64 (1) of the Constitution gives that the Court of Appeal 'shall have such jurisdiction and the powers in relative to appeals from t

Powerpoint presentation on ethics-sustainability and culture, I will provid...

I will provide a cases from the media that have ethical implications. Please prepare a ppt presentation that: a) describes the issue/story (Clearly identify which case you ar

Protect intellectual property , Officials defended China's efforts to stop ...

Officials defended China's efforts to stop rampant copying of movies and other goods, saying Thursday that 4,322 people had been convicted of product piracy last year and promising

Non-payment of cheques, Non-Payment of Cheques A banker's authority ab...

Non-Payment of Cheques A banker's authority about pay a cheque that will be determined or that terminated through: like; (a) Countermand of payment, below s.75 (a). the Act

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd