Dictionary |
special resolution A resolution shall be a special resolution when-(a) the intention to propose the resolution as a special resolution has been duly specified in the notice calling the general meeting or other intimation given to the members of the resolution, (b) the notice required under the Companies Act, 1965, has been duly given of the general meeting, and (c) the votes cast in favour of the resolution (whether on a show of hands or on a poll, as the case may be) by members who, being entitled to do, vote in person or where proxies are allowed, by proxy, are not less than there times the number of votes, if any, cast against the resolution by members so entitled to vote. |