ACCA Applied Skills · Corporate and Business Law (Global) · Company meetings and resolutions
Orchard Ltd, a private company, passes a special resolution to change its name by written resolution. Which action must the company then take regarding filing?
The company must send a copy of the special resolution to the registrar of companies within the prescribed period, typically 15 days. This applies whether it was passed at a meeting or in writing, and private companies are not exempt.
- ASend a copy of the resolution to the registrar within the prescribed periodCorrect
- BSend the resolution only to the auditors, as filing is not needed for private companies
- CPublish the resolution in a national newspaper before it takes effect
Explanation
Special resolutions, and certain other resolutions, must be filed with the registrar of companies within a short prescribed period (typically 15 days), whether passed at a meeting or in writing. Newspaper publication is not required and private companies are not exempt from filing.
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