For an ordinary resolution to pass, it must be passed at what kind of meeting?

Prepare for the HKSI Paper 1 Exam with our targeted study tools. Practice with multiple choice questions featuring detailed explanations and hints. Ensure your success on the exam day!

Multiple Choice

For an ordinary resolution to pass, it must be passed at what kind of meeting?

Explanation:
Ordinary resolutions are decided by a simple majority at a general meeting of the company’s members. The general meeting, which includes both the annual general meeting and any other general meeting held for ordinary business, provides the formal forum for a vote. Passing by circulating written resolutions isn’t the usual method for ordinary resolutions unless the company’s articles specifically allow it, so the required setting is a general meeting.

Ordinary resolutions are decided by a simple majority at a general meeting of the company’s members. The general meeting, which includes both the annual general meeting and any other general meeting held for ordinary business, provides the formal forum for a vote. Passing by circulating written resolutions isn’t the usual method for ordinary resolutions unless the company’s articles specifically allow it, so the required setting is a general meeting.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy