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Clarification on Resolutions and Agreements to be filed acc. to CA
26-Jun-2023 (In Corporate Law)
Please explain sec 117 (3)(b)...and give example about which kind of resolution this section is talking??
Sec. 117 (3)(b) of Companies Act provides for the resolutions which have been agreed to by all the members of a company, but
which, if not so agreed to, would not have been effective for their purpose unless they
had been passed as special resolutions.
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Adv. Naman Gupta
Delhi | 200+ Answers
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What is the difference between ordinary and special business?
Special business includes any business that doesnt fall into the ordinary business category. Special business includes modifying the articles of association of the company or issuing new shares. It also includes changing the registered address of the company and approving transactions with related parties. 17 Oct 2023
What is in an ordinary resolution?
A simple majority is required to approve an ordinary resolution (that's not less than 50% + 1 votes of all votes cast excluding abstentions).
What is the difference between requisite majority and ordinary resolution?
For ordinary resolutions, the required majority is the same as the three-fold difference between the votes in favor and the votes against.
How many votes are required for a special resolution?
Section 114, Companies Act of 2013, states that a special resolution must be approved by at least three-fourths of shareholders voting and present in a general assembly. 27 Jun 2023
Dear sir you have not mentioned the name of act and because of this problem you cannot have answers because there are several act that's why it will not be possible to give answer of your question and try to put your question in a reasonable format and try not to ask academic questions
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Adv. Siddharth Dev
Delhi | 200+ Answers
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sorry for being replying late.
your query is more academic and for that you need to also mention the ACT under which this section is mentioned. Since your query is not clear it would be difficult for me to advise you.
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Adv. Shekhar Raj Sharma
Delhi | 100+ Answers
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