Special Resolution

Extraordinary Resolution regarding an important decision, such as for altering the terms of the Articles of Association or the Memorandum of Association, or making some other major or fundamental changes in an Organization. A special resolution typically requires

1.  not less than 21 days of notice to the members of the intention to propose the resolution.

2.  not less than three – fourth of the votes of the members in present or by proxy for approval, and

3.  to be filed with the competent authority within 15 days of being approved.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s