In business or commercial law in certain common law jurisdictions, an ordinary resolution is a resolution passed by the shareholders of a company by a simple or bare majority (for example more than 50% of the vote) either at a convened meeting of shareholders or by circulating a resolution for signature. A special resolution by comparison requires a greater vote threshold, which varies in different jurisdictions.
An ordinary resolution is the most common method by which a corporate entity conducts its business or the board of directors seeks shareholder approval of its actions.
The prevailing legislation applying to companies in the relevant jurisdiction will usually prescribe certain activities which must be approved by special resolution or alternatively which cannot be approved by ordinary resolution (for example altering the company's constitutional documents, reducing the share capital or dissolving the company). In addition, in certain circumstances a company may wish to amend its constitution to increase the threshold to provide that a special resolution needs to be passed prior to the company engaging in other matters which may ordinarily approved by simple majority, purely as a matter of internal organisational control.
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or commercial law in certain common law jurisdictions, an ordinaryresolution is a resolution passed by the shareholders of a company by a simple or bare...
resolution or special resolution is a resolution passed by the shareholders of a company by a greater majority than is required to pass an ordinary resolution...
passing an ordinaryresolution (unless its articles of association require a special or extraordinary resolution). A copy of the resolution – and notice...
2006) which mandates that directors may be removed from a board by ordinaryresolution (a simple majority of shareholder votes). The decision is not relevant...
ordinaryresolution. A listed company may also buy back its shares in on-market trading on the stock exchange, following the passing of an ordinary resolution...
of resolutions, known as an OrdinaryResolution and a Special Resolution. A Special Resolution can be tabled at a Director's Meeting. The Ordinary Resolution...
that require an ordinaryresolution. They can still attend meetings and vote on matters, if they require a special or unanimous resolution. The body corporate...
order to change share classes, members of the company must pass an ordinaryresolution with the following details: Name of shareholder Number of shares...
also of resolution 77 (XII) adopted by the Assembly of Heads of State and Government of the Organization of African Unity at its twelfth ordinary session...
different filters of resolution like those from radiometric resolution, temporal resolution, ordinary light resolution, natural light resolution. Also, one has...
constructive notice. But the bank could not be deemed to know which ordinaryresolutions passed, because these were not registrable. The bond was valid because...
(chief executive). Up to two further directors may be appointed by ordinaryresolution of the board. The board may elect one of the directors as the chair...
Nazar and son called a company meeting, at which they passed an ordinaryresolution to have Mr Ebrahimi removed as a director. Mr Ebrahimi, clearly unhappy...
Ordinary Differential Equations. McGraw-Hill. Ince, E. L. (1956). Ordinary Differential Equations. Dover. Johnson, W. (1913). A Treatise on Ordinary and...
United Nations Security Council resolution 1244, adopted on 10 June 1999, after recalling resolutions 1160 (1998), 1199 (1998), 1203 (1998) and 1239 (1999)...
Lords of Appeal in Ordinary, commonly known as Law Lords, were judges appointed under the Appellate Jurisdiction Act 1876 to the British House of Lords...
the bill to the people: an ordinary referendum approves the bill; or a general election is held, followed by a resolution of the Dáil approving the bill...
Companies Act, it would defeat both if that could be sidestepped by ordinaryresolutions of a simple majority, and no redress for aggrieved minorities to...
allowing for removal of directors by a simply majority vote in an ordinaryresolution. For public companies, under CA 2001 section 203D, there must be...
waiver or whitewash resolution is a corporate law concept originating in Hong Kong and Singapore. It refers to a proposed resolution for the waiver of rights...
United Nations General Assembly (UNGA) resolution 377 A, the "Uniting for Peace" resolution, states that in any cases where the Security Council, because...
treatises view the law to be that in fact a majority shareholder may by ordinaryresolution bring litigation. This is seen to follow implicitly from the rule...
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