If a resolution can be passed at a meeting by more than half of those voting agreeing to the resolution, it is an ordinary resolution.
a resolution passed by a majority in value of the creditors present personally, by telephone, by attorney or by proxy at a meeting of creditors and voting on the resolution.
An Ordinary Resolution is used for all matters unless the Companies Act or the company's articles of association require another type of resolution.· The Ordinary Resolution is passed by a majority vote of members at a meeting.
a decision passed by a simple majority of shareholders of a company
a resolution adopted by more than half of the votes cast in person or by proxy at a general meeting at which shareholders representing more than half of the voting rights of all shares carrying the right to vote are present
a resolution passed by a simple majority at a general meeting or in a postal ballot by members
A resolution that requires at least 50% of votes. Some affairs of the company are required to pass by a ordinary resolution at an AGM or EGM, either as a requirement set by its articles of association or by Companies Ordinance.
Used for increasing authorised capital, making a bonus issue, subdividing shares, removing auditor or director. All other resolutions are extraordinary or special – a decision reached by a simple majority (more than 50%) of company members voting in person or by proxy.
A resolution carried by the majority of votes (one vote for each dollar of debt) of claims of creditors at a meeting of creditors; disallowed claims do not have votes.
An Ordinary Resolution can be passed by the members of a company in order to make certain changes more
a simple resolution passed by a company by more than half of those who vote on it. Usually all that is needed to authorise the directors to enter into a major contract or to ratify one they have already agreed. However, directors are usually assumed to have general authority to enter into any contract in the course of business and the other party to a contract is not required to check their authority.
A shareholders’ resolution to be voted on at the Annual General Meeting or Extraordinary General Meeting of a company, where a majority of votes cast at the meeting is needed for the resolution to be passed. Most resolutions are ordinary resolutions. See also Special Resolution .
A resolution passed by a simple majority of members present at a general meeting.
