THE MEETINGS OF THE COMPANY. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCTHE MEETINGS OF THE COMPANY.2 Marks
Question
What is a Special Resolution?
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Answer
(i) Notice should be issued to members as per the provisions of The Company Laws and Articles of Association.(ii) A notice for ordinary resolution may include a special resolution, converted from an ordinary resolution. However a clarification has to be enclosed.
(iii) There should be a majority of 75% to pass special resolutions.
(iv) It is mandatory to register special resolution with the Registrar of the Company, or the concerned officer may have to face penal consequences.
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